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Transcripts For BBCNEWS World 20240705

the slowdown in the factory of the world is deepening. and boeing awaits an inquest into the deaths of three british passengers who died in a 737 max crash. we start in china where the latest inflation figures have shown an alarming drop in factory gate prices that s the price of goods as they leave chinese factories. they ve fallen at the fastest pace in more than seven and a half years. it s the ninth month in a row that the producer price index has fallen, down 5.4% from a year earlier, marking the steepest decline since december 2015, as the difficult post covid recovery continues to weigh on demand. so that s changed the picture on the factory floor when it comes to what consumers are facing when buying goods and services, the consumer price index was unchanged year on year, compared with a slight gain in may, the slowest pace since february 2021. the us treasury secretary janet yellen has just left beijing following a four day visit in an attempt to bridge us ch ....

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Transcripts for BBCNEWS World Business Report 20240604 13:35:00

Anybody anticipated. analysts are downgrading china s economic forecast for this year and there s very little inflation. this too much supply and too little demand in the economy but from a national perspective it s an ongoing reflection that the global industrial and manufacturing sector is struggling at the moment. there s not enough demand for goods, for example, like commodities, like iron, copper, oil because of the manufacturing sector contracting so this data is worrying because analysts are worried about the inflation in china and also generally about the global economic recession. about a global economic recession. when it comes to consumer prices in china, is not reflected are strongly there. does that in any way reflected are strongly there. does that in any way help reflected are strongly there. does that in any way help the reflected are strongly there. does that in any way help the rest of us get out of this inflation spiral? i ....

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