Will China's consumer inflation (CPI) be lower than 0.2% in October?
Market Rules
China’s economy is going through a compression of internal demand, fueled by an increase in savings and bloated manufacturing inventories. Interest rates cutes and stimulus packages are some of the measures employed by the government to avoid stagnation and deflationary prices.
China’s Consumer Price Index (CPI) is an index that measures changes over time in the price level of consumer goods and services nationwide and reflects the changes in the price level in the Chinese economy.
If China’s monthly CPI for October 2023 is lower than 0.2% in the press release set to be released by the National Bureau of Statistics of China in November 2023, this market will resolve to “Yes”.