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Updated Jan. 12, 2024 6:38 am ET
HONG KONG—China is sinking deeper into its worst deflation in years, spelling trouble for the whole world as demand falters in its second-largest economy.
With many Chinese worried about the economic outlook and unwilling to spend, consumer prices fell for a third straight month in December, official data showed Friday. Prices charged by manufacturers dropped for the 15th month in a row.
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