China is experiencing a rare episode of sliding prices. Japans economy experienced this back in the 1990s and early 2000s. Now, this comes hot the heels of disappointing china trade data on tuesday, which showed that exports sank at their fastest rate since the pandemic, dropping by more 14 in the year tojuly, with imports also falling by more than 12 in the same period. Joining me now is duncan wrigley, Chief China Economist at pantheon macroeconomics. Thank you very much for being with us today. The Rest Of The World looking on in amazement. Considering the inflationary pressures the rest of us are dealing with. What do you read Between The Lines in this latest data . Between the lines in this latest data . Latest data . Ok, i mean, there are some latest data . Ok, i mean, there are some shortterm latest data . Ok, i mean, there are some shortterm factors i are some short term factors that push down the data for this month, there has been a surge of seasonal vegetables, the big pictu
To help priced out renters find somewhere to live . In sport, theres no stopping liverpool as they hit five in europe against Sparta Prague including a stunner from in form darwin nunez. Including a stunner good morning. A good deal of dry weather on the cards today, some will say sunshine but they will be a cold easterly wind blowing. I will have all the details for today and for the weekend throughout the programme. Its friday the 8th of march. President joe biden has used his state of the Union Address to criticise donald trump his likely opponent in the election and to claim that freedom and democracy are under assault around the world. President biden also announced that the us military will construct a port in gaza to allow the delivery of more humanitarian aid to the territory. Tonight, im directing the us military to lead an Emergency Mission to establish a temporary pier in the mediterranean on the coast of gaza that can receive large shipments carrying food, water, medicine a
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
In the 90s and early 00s. Now this comes hot on the heels of disappointing 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 14 in the year tojuly. But domestic demand is down too with imports also falling by more than 12 in the same period. Earlier, i spoke to janet mui, whos the head of Market Analysis at rbc brewin dolphin, and she explained where the deflation was coming from. Deflation data, basically mostly coming from food prices and also commodities prices like raw materials, energy, etc. Actually, if you look at the underlying inflation, things like services, things like tourism, leisure, hotels, actually they are up. The Core Inflation is up from 0. 4 to 0. 8 , but obviously its still pretty muted. So overall, i think it is a concern that china prices are contracting and it could be lasting for a while as well. How likely do you think it is, though, that china is going to be
All, but mostjewish people would care deeply about. We have seen what that would kind of look like, we saw it on the 7th Of October where almost 1300 people were murdered, raped, kidnapped, in the biggest mass Slaughter Ofjewish People mass slaughter of jewish people since mass Slaughter Ofjewish People since the holocaust. And yet these demonstrations did not pause. They were straight out of the starting gates, as if it was the same as any other previous conflict. They were out of the starting gates before israel had even properly responded in any way whatsoever. They dont care what happened on that day and they dont Care Howjewish people feel about it, thats the fundamental truth. The demonstrations are organised by revolutionary far left organisations, and their islamist partners in the uk that used to call for Suicide Bombings in these demonstrations, that used to openly support hezbollah and hamas, the law clamped down on that so they dont do it any more, but they go up to the lim