China’s economy slipped into deflation as consumer prices contracted for the first time in more than two years. Deflation is the opposite of inflation, in other words, a decrease in the prices of goods and services. The decline in exports and the ongoing problems in the real estate market are...
The euro reversed from the early gains and fell against all its major developed-market peers after the latest German inflation data showed more signs of slowing inflation, easing pressure on the European Central Bank to keep raising interest rates. The CPI data showed the annual inflation rate...
Asia-Pacific Markets Slide on Japan's Inflation Data, TSMC's Net Income Decline; European Markets Await Spanish Election
Asia-Pacific markets experienced a decline on Friday as investors analyzed Japan's consumer price index figures for June. According to official data, the country's core...
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