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International Business Times
International Business Times
Business
AFP News

China Consumer Prices Show Quickest Drop In 14 Years

Chinese consumer prices fell last month at their fastest pace since 2009 (Credit: AFP)

Chinese consumer prices fell in January at their quickest rate in more than 14 years, data showed Thursday, as the country's leaders struggle to revive buying sentiment in the world's second-biggest economy.

The reading will likely add to calls for officials to do more to breathe life into the economy, with central bank interest rate cuts and measures to boost lending having little impact so far.

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