Tuesday's flat reading on December retail sales was translating into concerns that U.S. growth may not be as strong as previously presumed — resulting in what will likely be a lower path for both interest rates and inflation this year.
China consumer inflation rises less than expected in January as producer price deflation persists CNBCChina's Factory Deflation Eases More Than Forecast at Year Start BloombergChina's Consumer Inflation Eases, Producer Prices Stay in Decline The Wall Street JournalChina's export-led growth is looking more and more unsustainable while deflation hits economy Fortune