China recorded a contraction in prices in October, despite the government's attempt to revive demand in the world's second-largest economy.
Inflation came in at a negative 0.2 percent year-on-year reading last month, according to the National Bureau of Statistics, double what was expected in a Bloomberg poll.
The National Bureau of Statistics revealed that the price contraction is linked to lower consumer demand, in addition to other factors including the high supply of agricultural products.
Source (Al-Arabiya.net Website, Edited)
