1/6 In March China experienced its second month of monthly deflation (-0.3%) as CPI prices rose 0.7% year on year. Annual CPI inflation peaked at 2.1% in January and has been declining pretty steadily since then. www.reuters.com/world/china/chinas- | tweet by Michael Pettis - Upcarta

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In March China experienced its second month of monthly deflation (-0.3%) as CPI prices rose 0.7% year on year. Annual CPI inflation peaked at 2.1% in January and has been declining pretty steadily since then.

www.reuters.com/world/china/chinas-march-consumer-inflation-lowest-since-sept-2021-2023-04-11/

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Mauricio Di Bartolomeo @cryptonomista · Apr 11, 2023

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Brilliant thread highlighting the difference between inflation in China and the U.S. - and how they respond differently to the same policy instruments.