inflation, deflation
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President Donald Trump suggested that inflation is on the decline and might continue to decrease, but also expressed concerns about the possibility of deflation. Inflation ‘Normalized,' Says Trump On Monday,
November’s consumer inflation reading marked the highest on-year rise since March 2024 but producer prices remained in negative territory.
China's annual consumer inflation accelerated to a 21-month peak in November, mainly driven by food prices, while factory-gate deflation deepened, with underlying trends suggesting domestic demand remains weak and unlikely to recover in the near term.