In September, consumer and purchaser prices maintained their previous levels. Consumer prices increased 1.6% over the last twelve months. This rate of increase came down from 2.0% in August. Purchaser prices fell 6.8% over the same period, which exceeded the rate of 6.6% seen in August. This is the fastest decrease since November, 2010.
Based on this metric, China has been in a recession for 46 months. The other metrics followed on this blog, such as relative equity trends and stock market valuations, are also showing declines in economic activity.
