coming out of a very weak covid year, that is weak. gdp is much lower at 3.6%. china is really entering a structural slowdown. old growth drivers of property completely gone. a massive drag on the economy. now shifting to a new growth model, something leaning more into exports, evs. evs. .. also covid lockdowns lasted much longer evs. .. also covid lockdowns lasted much longer than evs. .. also covid lockdowns lasted much longer than other evs. .. also covid lockdowns lasted much longer than other parts - evs. .. also covid lockdowns lasted much longer than other parts of. evs. .. also covid lockdowns lasted | much longer than other parts of the world and we are in a situation now where there is deflation in china. i wonder, in this mix, one of the other things we have been reporting todayis other things we have been reporting today is that the chinese population is in decline. it felt last year for the second year in a row. does not play a role in these figures, do you
slowing the economy too much. sarah, thanks forjoining us. i will be - thanks forjoining us. i will be talking inflation, probably, tomorrow, because it could reach a 30 year high tomorrow. iloathed tomorrow, because it could reach a 30 year high tomorrow. tomorrow, because it could reach a 30 year high tomorrow. what kind of fi . ure? 30 year high tomorrow. what kind of figure? maybe 30 year high tomorrow. what kind of figure? maybe 5.296 30 year high tomorrow. what kind of figure? maybe 5.296 which 30 year high tomorrow. what kind of figure? maybe 5.296 which would i 30 year high tomorrow. what kind of figure? maybe 5.296 which would be | figure? maybe 5.296 which would be the hirhest figure? maybe 5.296 which would be the highest since figure? maybe 5.296 which would be the highest since 1992. figure? maybe 5.296 which would be the highest since 1992. that - figure? maybe 5.296 which would be the highest since 1992. that is i figure? maybe 5.296 which would be the highest
lot less, bought off a lot from amazon. so we are buying more goods and fewer services and that is sort of unusual spending and that has pushed up the price of goods. now hopefully again i touch word is hopefully, as the economy gets back to normal after the pandemic, lots of those price pressures should drop out. but i could easily take another 6-12 out. but i could easily take another 6 12 months, some afraid we are looking at quite high inflation for at least the first half of 2022. and at least the first half of 2022. and in the interim, at least the first half of 2022. and in the interim, why are some households in particular being very badly hit by this? so households in particular being very badly hit by this? badly hit by this? so when we say that inflation badly hit by this? so when we say that inflation has badly hit by this? so when we say that inflation has gone badly hit by this? so when we say that inflation has gone up - badly hit by this? so when we say that i