We begin with a look at recent inflation data. While headline inflation has decreased, Mark explore why the underlying numbers suggest continued vigilance is necessary. Our discussion then turns to the Reserve Bank of Australia's latest decision to maintain current interest rates. The focal point of our episode is China's economic situation. We address: The ongoing property sector challenges Weak consumer sentiment and deflationary pressures Policy responses from the People's Bank of China, including: Interest rate reductions Easing of bank reserve requirements Mortgage rate adjustments Liquidity measures for equity markets We evaluate these interventions and their potential impact on China's economic trajectory, considering both domestic and global implications. For a deeper dive into the weekly figures and trends, visit AICD Chief Economist Mark Thirlwell's weekly column.