And early noughties. Now this comes hot the heels of Dissapointing China Trade data on tuesday showing exports sank at their fastest rate since the pandemic. Global demand for chinese made goods is falling, down more than 14 in the year tojuly. But domestic demand is down too with imports also falling by more than 12 in the same period. Joining me now is janet mui, head of market analysis, Rbc Brewin Dolphin where is this deflation coming from . Good morning, thanks for having me. So, this Deflation Data is mostly coming from food. And also commodities prices like raw materials, energy etc. Actually, if you look at the underlying deflation, things Like Services and tourism and leisure, hotels. Actually, they are up, the Core Inflation is up from 0. 4 to 0. 8 . But obviously, its still pretty muted. Overall, it is a concern that china prices are contracting and it could be lasting for a while as well. , ~ , could be lasting for a while as well. , ~ ,. ,. , well. How likely is it that ch
In the 90s and early 00s. Now this comes hot on the heels of disappointing china trade data on tuesday showing exports sank at their fastest rate since the pandemic. Global demand for chinese made goods is falling, down more 14 in the year tojuly. But domestic demand is down too with imports also falling by more than 12 in the same period. Earlier, i spoke to janet mui, whos the head of Market Analysis at rbc brewin dolphin, and she explained where the deflation was coming from. Deflation data, basically mostly coming from food prices and also commodities prices like raw materials, energy, etc. Actually, if you look at the underlying inflation, things like services, things like tourism, leisure, hotels, actually they are up. The Core Inflation is up from 0. 4 to 0. 8 , but obviously its still pretty muted. So overall, i think it is a concern that china prices are contracting and it could be lasting for a while as well. How likely do you think it is, though, that china is going to be
In the 90s and early noughties. This comes hot off the heels of disappointing china trade data on tuesday showing exports sank at their fastest rate since the pandemic. Global demand for chinese made goods is falling down more 14 in the year tojuly. But domestic demand is down, too, with imports also falling by more than 12 in the same period. Earlier, i spoke to janet mui, whos the head of Market Analysis at rbc brewin dolphin, and she explained where the deflation was coming from. Deflation data, basically mostly coming from food prices and also commodities prices like raw materials, energy, etc. Actually, if you look at the underlying inflation. Things like services, things like tourism, leisure, hotels, actually they are up. The Core Inflation is up from 0. 4 to 0. 8 , but obviously its still pretty muted. So overall, i think it is a concern that china prices are contracting and it could be lasting for a while as well. How likely do you think it is, though, that china is going to
in the 90s and early 00s. now this comes hot on the heels of disappointing china trade data on tuesday showing exports sank at their fastest rate since the pandemic. global demand for chinese made goods is falling, down more 14% in the year tojuly. but domestic demand is down too with imports also falling by more than 12% in the same period. earlier, i spoke to janet mui, who s the head of market analysis at rbc brewin dolphin, and she explained where the deflation was coming from. deflation data, basically mostly coming from food prices and also commodities prices like raw materials, energy, etc. actually, if you look at the underlying inflation, things like services, things like tourism, leisure, hotels, actually they are up. the core inflation is up from 0.4% to 0.8%, but obviously it s still pretty muted. so overall, i think it is a concern
in the 90s and early noughties. this comes hot off the heels of disappointing china trade data on tuesday showing exports sank at their fastest rate since the pandemic. global demand for chinese made goods is falling down more 14% in the year tojuly. but domestic demand is down, too, with imports also falling by more than 12% in the same period. earlier, i spoke to janet mui, who s the head of market analysis at rbc brewin dolphin, and she explained where the deflation was coming from. deflation data, basically mostly coming from food prices and also commodities prices like raw materials, energy, etc. actually, if you look at the underlying inflation. things like services, things like tourism, leisure, hotels, actually they are up. the core inflation is up from 0.4% to 0.8%, but obviously it s still pretty muted. so overall, i think it is a concern