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China’s consumer prices returned to positive territory in August while factory-gate price declines slowed, data showed on Saturday, as deflation pressures ease amid signs of stabilization in the economy.
But analysts say more policy support is needed to shore up consumer demand in the world’s second-biggest economy, with a labor market recovery slowing and household income expectations uncertain.
The consumer price index (CPI) rose 0.1% in August from a year earlier, the National Bureau of Statistics said, slower than the median estimate…