South China Morning Post

China’s producer prices accelerate even amid weak consumer inflation

China’s factory-gate prices rose at the fastest pace in more than four years in October on higher energy costs, even as consumer inflation cooled. The producer price index rose to 5.7 per cent from 5 per cent in September, the statistics bureau said on Monday. That surpassed the 5.4 per cent expectation among economists polled by Chinese financial data provider Wind. Consumer inflation eased to 0.7 per cent from 0.9 per cent, missing the 0.8 per cent forecast. The eighth straight monthly...

By South China Morning Post

1 min read
China’s producer prices accelerate even amid weak consumer inflation
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