Chinese producer price inflation has been negative for some time, which reduces prices of euro area imports. But the impact of lower prices in China on euro area headline inflation is limited.
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https://www.ecb.europa.eu/pub/economic-bulletin/focus/2023/html/ecb.ebbox202307_03~97dbef6cf7.en.html

🐦🔗: https://nitter.cz/ecb/status/1722546029461942621#m

[2023-11-09 09:25 UTC]