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MNI (Sydney)

China is not entering a prolonged period of deflation despite the CPI index sliding to decade-low 0.5% y/y in October, the Economic Daily commented. The low CPI resulted from a low base of comparison and declining pork prices, the Daily said. Core CPI excluding food and energy prices still rose 0.5% y/y, maintaining the pace of the previous month, the report said.

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MNI Sydney Bureau | +61-405-322-399 |

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