China plunged into deflation for four months with the sharpest contraction in Consumer Prices in m years injanuary. Meanwhile, falling Producer Prices continue to be a Problem. In june, they fell 0. 8 in line with forecasts, but easing from the previous months1. 4 drop. An ongoing crisis in the Real Estate sector, which has long accounted for a quarter of the Countrys Gdp, has dragged down growth. For more on this, im joined by kelvin wong, senior market analyst, oanda. Good to see you. What do these numbers tell you about the state of the chinese economy . If you look at the trend, it seems to us that it has started to improve significantly since the start of this year, and if it continues with this movement, it will actually filter down to a positive feedback to the consumer inflationary trend. Nevertheless, in order for the much more sustainable recovery, we also need to see movement in Business And Consumer sentiment as well, which is not showing up as well, which is not showing up
With the winner announced in may as coventry s year in the spotlight comes to an end. Colin paterson, Bbc News. Time for a look at the weather. This month has been a cloudy month but like yesterday although it is cloudy for most of us again today there are some breaks in the Cloud But Example in the Derbyshire Peak District but Todays Weather is driven by low pressure to the west of the uk. You can see the thick cloud in the west starting to dry outbreaks of rain into Northern Ireland but ahead of the main band of rain you can see some patches of rain moving into Southern Wales at the moment so it is going to continue to be quite damp peer over the next few hours. The best chance of seeing breaks in the cloud, Northern Scotland not doing too badly, but otherwise it stays put pretty cloudy. Overnight rain continues to push northwards and eastwards. There will be heavy bursts and probably Mist And Fog soaring over the higher ground particularly in South West Wales and over the pennines.
The situation in the country. Tens of thousands of civilians have fled the taliban advance. You just watch them taking over a Train Keeping everything That you spent 20 years working towards and he asked the question Was it worth it . A man who tricked a 93 yr old woman out of £140, by pretending to give her a Covid Vaccine has beenjailed for three and a half years in prison. Britney spears s dad has agreed to step down as her conservator in charge of her affairs, after 13 years of controlling her eState and other aspects of her life. And coming up at half past five, well be looking at the best and worst of this Weeks Film and dvd releases in the Film Review. Good Afternoon And Welcome to bbc news. Police have been giving more details of the murders in plymouth Last Night during which a Twenty Two year old man killed five people, including a three year Old Girl, before turning the gun on himself. Officers say Jake Davison had a licence to hold firearms, and used what witnesses describ
In antarctica the colossal iceberg almost as big as Greater London being monitored carefully by scientists good Afternoon And Welcome to Bbc News. Police have been giving more details of the murders in plymouth Last Night during which a Twenty Two year Old Man killed five people including a three year old young girl before turning the gun on himself. Officers say Jake Davison had a licence to hold firearms, and used what witnesses described as a Pump Action shot gun. Detectives are studying his Social Media accounts, where its emerged he wrote about Mass Shootings just three weeks ago. But police do not believe he had links to far right groups or terror. The Home Secretary, Priti Patel, has praised the Emergency Services for their response to what she called a tragic incident. The incident is the worst Mass Shooting in britain since 2010. Sarah ransome reports. Very good morning, ladies and gentlemen. A short while ago devon and Cornwall Police get more details of the mass police gave
Crows b of 5. 45 mIllIon people. The economy grows by nearly of 5. 45 mIllIon people. The economy grows by nearly 596. New zealand says It wIll keep Its border closed untIl at least The End of the year to keep covId out more wIldfIres In Italy, as SIcIly Records what could be europes hottest ever temperature. Hello, and welcome If youre watchIng In the uk or around the world. The InternatIonal Red Cross has warned of a catastrophe for cIvIlIans In afghanIstan as the talIban contInues to advance across the country. The Insurgents have taken control of ten of the countrys 34 provIncIal capItals. Lets Take A Look at the latest developments. Intense street by Street FIghtIng Is takIng place In the cIty of kandahar, where the talIban have also taken control of the jaIl and released hundreds of prIsoners. The talIban say they have taken control of the strategIcally Important cIty of ghaznI, whIch Is on the road to the capItal, kabul. PresIdent Ashraf GhanI earlIer flew to the northern cIty o