Deflation is often misunderstood as a positive economic phenomenon due to the immediate benefit of lower prices for consumers. However, it represents a prolonged decline in the general price level of ...

Prices have declined for many consumer items over the past year, a dynamic known as deflation. Largely, that's been for physical goods — such as new cars, appliances and consumer electronics — as ...

Deflation is an economic phenomenon characterized by a general decline in prices for goods and services. Unlike inflation, ...

BEIJING (AP) — When he bought an apartment near a good high school in northeast Beijing in 2020, Zhou Fujin expected that renting it out would cover most of his mortgage. But the apartment’s value and ...

Living in China is getting cheaper. Because rents in my neighborhood in central Beijing are dropping, my wife and I pressed our landlord to reduce ours by $140 a month in a new lease that we signed ...

China’s factory deflation eased for the first time in six months even as consumer prices slipped below zero again, leaving open the question of whether the government will make a lasting difference ...

BEIJING (AP) — When he bought an apartment near a good high school in northeast Beijing in 2020, Zhou Fujin expected that renting it out would cover most of his mortgage. But the apartment's value and ...