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Plunge in consumer prices has fuelled calls for a stimulus package – yet Beijing may stick to the new normal of lower growth• China consumer prices plunge at fastest rate for 15 yearsChina’s economy has gone from bad to worse – and it is only February.Figures released on Thursday showed consumer prices fell by 0.8% in January compared with a year earlier, outstripping economists’...

Plummeting food prices feed steep annual drop amid renewed calls to stimulate economy and offset weakening demandBusiness live – latest updatesChina’s consumer prices fell at their fastest pace in 15 years in January, as the world’s second-largest economy sank deeper into deflation amid weakening demand.Data released on Thursday showed that China’s consumer price index tumbled last month, falling by 0.8% compared with a year...