Coronavirus LIVE Updates: Inflation Rises As Supply Chain Gets Affected In China, 908 People killed

The corona virus has also impacted China’s economy. Due to this, inflation has increased significantly. The virus has been heavily affected by trade, travel and supply chains. Due to this, the consumer price is increasing at its highest rate in the last eight years. Retail inflation is primarily measured by the Consumer Price Index (CPI). It was 4.5% in December and rose to 5.4% in the previous month. 

The prices of pork and vegetables increased by 20.6 percent. A Bloomberg poll estimates the monthly figure by analysts at more than 4.9 percent, the highest since October 2011. 

China’s health officials said on Monday that the death toll due to the corona virus epidemic has risen to 908. At the same time, the number of patients has exceeded 40 thousand. Explain that the World Health Organization has already declared a global health emergency in the wake of the outbreak of the virus.

China’s Finance Ministry said that on Sunday, all levels of government have allocated a total of $ 10.26 billion (71.85 billion yuan) of funds to fight the corona virus by Saturday afternoon. The funds will be used to ensure that efforts in every sector to fight the virus are not hampered by financial constraints. 

n view of the corona virus, the World Health Organization (WHO) has sent an international expert team led by Dr. Bruce Ileward to China on Monday.

It killed 97 people on Sunday, according to news agency Reuters. This is the largest number of deaths from this virus in one day. 3,062 new cases of fatal infection were confirmed. According to the commission, 90 died in Hubei province, with two in Anhui and one each in Heilongjiang, Jiangxi, Hainan and Gansu.

The commission said that a total of 908 people have died of the disease and so far 40,171 cases have been confirmed. On Sunday, 3,281 patients have been discharged from the hospital after improving health. According to Xinhua, more than 630 people have been discharged from the hospital, including 356 patients in Hubei.