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BBCNEWS Asia Business Report June 4, 2024 23:33:00

Point present. economic growth at around four point present- point present. thank you for keein: point present. thank you for keeping us point present. thank you for keeping us up-to-date - point present. thank you for keeping us up-to-date on i point present. thank you for i keeping us up-to-date on that keeping us up to date on that story. as katie was saying about inflation in the united states is a similar picture in india where the countries retail inflation for march rose at the slowest pace in nearly 15 months. the consumer price index rose 566% from a year earlier according to government data released on wednesday. that never falls within the inflation target band of around two and 6% set by the reserve bank of india. last week the central bank held its key rate study after six consecutive hikes. despite consumer prices showing signs of moderating in the us in india inflation is still very much a concern but officials at the international monetary fund for the risk to the gl ....

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BBCNEWS World Business Report June 4, 2024 10:35:00

The consumer price index for march rose by 0.7% on an annual basis. the main reason behind the slowdown was sluggish food prices. while many countries continue to struggle with the cost of living crisis, china s strict lockdown policy over the past couple of years has kept prices under control. allan von mehren, chief analyst and china specialist at danske bank, explained what lies ahead for china. we are seeing signs that activity is picking up, especially the service sector. people are going out more, looking to travel again and these things. there are definitely signs that demand is picking up but it isjust coming from a very low level, so there is room for demand to grow quite a bit without spurring any inflationary pressures in china. right now the task in china is really to get growth going, to get demand up and inflation is only going to be a problem maybe down the road, ....

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