Chinese deflation is no longer as big an issue for the Western economy, while regional economies surrounding China will likely feel the consequences.
Euroflation Nugget: Deep deflation tomorrow?
With Spanish and German inflation numbers out today, it’s almost safe to say that Eurostat will deliver a dovish number tomorrow as well.
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China Deflation Watch – What happens in China stays in China
Things are starting to look worse for China just as everyone started to sense that a rebound might have been on the menu. Real estate is turning outright bearish as we speak, but will China continue to be the West’s manufacturing hub?
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