China falls deeper into deflation territory, hitting markets, as UK house…

Show key events only Please turn on JavaScript to use this feature Live feed Key events 22m ago Average price tag on a home tumbles by nearly £7,000 in December 24m ago Introduction: China’s consumer price drop adds to deflation fears 22m ago 02.37 EST Average price tag on a home tumbles by nearly £7,000 in December The UK’s housing market is also undergoing a bout of deflation. Rightmove has reported that the average asking price of a UK home tumbled by nearly £7,000 in December, to £355,177, a drop of 1.9%. Rightmove also reports that average asking prices set by new sellers are 1.1% lower than a year ago, with the number of…