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China's CPI shows third straight month of decline, with core CPI up slightly, amid US trade tensions.
China's consumer prices, as measured by the Consumer Price Index (CPI), decreased by 0.1% year-on-year in April, marking a third consecutive month of decline.
While the core CPI, excluding food and energy, rose by 0.5% year-on-year, the overall trend reflects deflationary pressures exacerbated by the ongoing trade war with the US and domestic economic challenges.
Monthly, the CPI increased by 0.1% following a decline in March.
This economic data comes as key officials from China and the US prepare to meet, potentially to address trade tensions.
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El IPC de China muestra su tercer mes consecutivo de descenso, con un IPC básico ligeramente más alto, en medio de las tensiones comerciales en Estados Unidos.