Chinese shares had their worst day in a month, -2.4% as the sharp slowdown in inflation may...

|By:, SA News Editor

Chinese shares had their worst day in a month, -2.4% as the sharp slowdown in inflation may portend something less than healthy about the economy. In addition to the CPI rate falling to 2.2%, producer prices fell 2.1% Y/Y. "A low inflation figure implies the economy is slowing down more than expected," says an analyst.