Wednesday, February 11, 2026 at 3:21 AM
China's consumer prices rose 0.2% year on year in January, marking a slowdown from December's 0.8% increase, while factory-gate prices continued to decline, indicating easing deflationary pressures.
While the reading was cooler than expected, consumers still saw higher costs for computers, appliances and hospital care.
Consumer price pressures in Canada eased slightly in the first month of the year as prices at the pump fell sharply.
Chinese automakers are shifting their focus overseas to offset intensifying competition and soft consumption at home.
Sales fell more than expected in December, as the rebound in household spending that is expected to help the economy in 2026 remains fragile.
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