China Inflation Rate 2024 Forecast

China Inflation Rate 2024 Forecast. The oecd lowered its forecast for the global economy in 2024 as inflation proves more persistent than expected and a slowdown in china’s economy weighs on growth. The outlook for asia and the pacific in 2024 has brightened:

At its meeting today, the board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on exchange settlement balances unchanged at 4.25. Inflation is expected to no longer be a major factor in 2024.