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
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.