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China’s CPI and economic briefings dampen European market sentiment

China’s CPI and economic briefings dampen European market sentiment

China reported weaker-than-expected consumer price growth for September, alongside an underwhelming economic briefing, which may exert pressure on European luxury stocks. ADVERTISEMENT China reported weaker-than-expected inflation over the weekend, highlighting continued sluggish consumer demand despite aggressive stimulus measures. The disappointing data was accompanied by an underwhelming economic briefing by the Chinese Finance Minister on Sunday, likely leading to further declines …

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