China's Factory Deflation Eases in January Amid Rising Commodity Costs

China's factory deflation eased more than anticipated in January, as reported by Bloomberg on X. This development is attributed to rising commodity costs and government initiatives aimed at curbing excessive competition among companies. The moderation in downward price pressure suggests a potential stabilization in the manufacturing sector, which has been grappling with deflationary challenges. The easing of deflationary pressures could signal a shift in the economic landscape, providing some relief to manufacturers who have been affected by declining prices source: https://www.binance.com/en/square/post/290346087448802?utm_source=BinanceNewsRSS