12.12.2008 - China faces deflation as commodities tumble

From Bloomberg: China faces deflation next year as food and commodities prices have plunged, which will prompt the central bank to cut interest rates further, according to Goldman Sachs Group Inc. and JPMorgan Chase & Co. The PPI grew at a slower rate than CPI in November for first time since April, according to data compiled by Bloomberg News..... Full Article: Source

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