Press "Enter" to skip to content

CHECK THE WIRE FOR LIVE UPDATES

Prices of fast-moving consumer goods in China decline for the first time in five years amid coronavirus outbreak – research

China faces its first decline in prices for everyday consumer goods in five years, as a growing move toward online shopping further pressured prices and led to lower overall sales, a report by consulting firm Bain and Co. Inc. says.

Prices of FMCG, which includes packaged foods, beverages, skincare products, shampoos and over-the-counter drugs, dropped 2.1 per cent from January to September, the first time since 2015 that the sector has reported a deflation . . .

To continue reading, please subscribe. You will get

 

    • THE  WIRE  - An Unrivalled Real-Time Platform providing up-to-the-minute updates of market-moving news and views utilising a network of journalists, traders, brokers, analysts, etc. We walk you through every trading day in China with marking-moving information you must know. Here are some screenshots of the wire updates.
    • IN-DEPTH & DATA-DRIVEN reporting on major events about China's economy, policy and financial markets.
    • DETAILS - We bring you important details that you won't find elsewhere.
    • WEEKLY NEWSLETTER with Editors' Picks

FREE TRIAL cancel anytime

Already have an account? Sign In

 

 

Top