Chinese Consumer Deflation deepens as weak as the demand is weak

China’s consumer prices, followed by the fourth month in a row, followed by Beijing Stimulus measures Price in the auto sector is insufficient to increase internal consumption to add downward pressure.

Consumer Price Index decreased by 0.1% from a year ago Information was released from the National Bureau of Statistics MondayCompared to the median estimate for a decrease of 0.2% among the analysts questioned by Reuters.

CPI slipped into negative area In February, 0.7% per year, and in March and April continued to decline annually.

According to the main inflation, which increases by 0.6 percent since January this year, except for food and energy prices in May.

Deflation deepened in the country’s factory door or manufacturer prices separately, falls by 3.3% a year Earlier, a sharp decline than expectations to reduce analysts by 3.2%. According to LSEG, wholesale prices have remained in the deflation since October 2022.

In addition to a weak consumer demand, the bugged price war in the automotive industry kept low prices, your President and Chief Economist, President and Chief Economy in Pinpoint Asset Management.

Chinese politicians called the automotive industry He stopped the cruel price warsThe profitable and efficiency of enterprises has lowered driving prices.

“The price war in the auto sector is another significant significant significant signal,” Zhang said pressure on the falling pressure prices.

While exports continue, “eventually should rely on the domestic student to fight China deflation,” Zhang added.

On May 7, China’s best financial regulators opened a crash of policy steps in order to increase the country’s tariff economy. China’s central bank cut Basic interest rates with 10 main points The history has lowered the rate of low levels and the reserve demand, which should keep the amount of cash in 50 key points.

US President Donald Trump has raised 145% to Chinese goods, 145% of those who want to retaliate with other restrictive measures such as Beijing’s exports and other restrictive measures increased.

On May 12, the economy, the United States and China received a relief after the initial transaction of Switzerland in Geneva, which led to the majority of tariffs. Washington has reduced its money to Chinese goods to 51.1%, and according to Bearning warehouse, American import taxes to 32.6% Institute of Peterson International EconomicsAllows some rooms to apply for a wider agreement for both parties.

Chinese Vice Premier and Lead Trade Representative The United States is expected to meet with the US Trade Negotiation Group Treasury Secretary Scott Bessent in London for updated trade talks a day.

The second round of the congregations, after the tension between the two parties is re-occurred, after accusing each other in violation of the Geneva Agreement.

Washington has slowly reduced the export of additional critical minerals to the United States, China criticized the US decision to introduce Chinese student visas in new restrictions and additional export restrictions in chips.

The Chinese Ministry of Trade said it would be this on Saturday Continue to look and confirm Applications for rare lands for the growing demand of minerals in robotics and new energy sectors.

As the US temporary trade is reconciled, Beijing will follow more money to increase the economy.

In an article broadcast last week, The State Magazine of China’s Worthy Media PBOC RRR may lower this year to support the growth of this year and soon the government can last a few months in the bond trade. There was a central bank Background purchase and sale in January Pluging bond attempt to curtain a currency of productivity and weakening.

This month of this month, the month of this month will be held in Shanghai in late this month, the main speech will be held here, including PBOC Governor Pan Gongsheng. The authorities of the Shanghai government are told to reporters last month The forum will be discovered by a great financial policy.

China is then expected to rise to 0.9% on Monday, on Monday, expected to increase by exports to increase by 5% from the exports.

– CNBC’s Evelyn Cheng contributed to this story.