Connect with us

Political News Channel.com

Political News Channel.com

China’s Oct PPI falls 1.6% y/y, CPI rises to near eight-year high

China’s Oct PPI falls 1.6% y/y, CPI rises to near eight-year high


Uncategorized

China’s Oct PPI falls 1.6% y/y, CPI rises to near eight-year high

An employee works next to steel wires at a Dongbei Special Steel plant in Dalian, Liaoning province, China November 2, 2018. REUTERS/Stringer/FilesBEIJING (Reuters) – China’s factory gate prices fell 1.6% in October from a year earlier, the steepest fall since July 2016, data from the National Bureau of Statistics showed on Saturday, as manufacturing continues…

China’s Oct PPI falls 1.6% y/y, CPI rises to near eight-year high

An employee works next to steel wires at a Dongbei Special Steel plant in Dalian, Liaoning province, China November 2, 2018. REUTERS/Stringer/Files

BEIJING (Reuters) – China’s factory gate prices fell 1.6% in October from a year earlier, the steepest fall since July 2016, data from the National Bureau of Statistics showed on Saturday, as manufacturing continues to struggle with weak demand.

Analysts had expected factory gate prices to fall 1.5% year-on-year.

Real Life. Real News. Real Voices

Help us tell more of the stories that matter

Become a founding member

The producer price index (PPI), seen as a key barometer of corporate profitability, fell 1.2% year-on-year in September.

The consumer price index rose 3.8% in October from a year earlier, the fastest pace seen since January 2012, beating analysts’ expectations of 3.3%. It rose 3% in September.

Reporting by Yawen Chen and Huizhong Wu; Editing by Sam Holmes and Tom Hogue

Subscribe to the newsletter news

We hate SPAM and promise to keep your email address safe


Uncategorized

China’s Oct PPI falls 1.6% y/y, CPI rises to near eight-year high

An employee works next to steel wires at a Dongbei Special Steel plant in Dalian, Liaoning province, China November 2, 2018. REUTERS/Stringer/FilesBEIJING (Reuters) – China’s factory gate prices fell 1.6% in October from a year earlier, the steepest fall since July 2016, data from the National Bureau of Statistics showed on Saturday, as manufacturing continues…

China’s Oct PPI falls 1.6% y/y, CPI rises to near eight-year high

An employee works next to steel wires at a Dongbei Special Steel plant in Dalian, Liaoning province, China November 2, 2018. REUTERS/Stringer/Files

BEIJING (Reuters) – China’s factory gate prices fell 1.6% in October from a year earlier, the steepest fall since July 2016, data from the National Bureau of Statistics showed on Saturday, as manufacturing continues to struggle with weak demand.

Analysts had expected factory gate prices to fall 1.5% year-on-year.

Real Life. Real News. Real Voices

Help us tell more of the stories that matter

Become a founding member

The producer price index (PPI), seen as a key barometer of corporate profitability, fell 1.2% year-on-year in September.

The consumer price index rose 3.8% in October from a year earlier, the fastest pace seen since January 2012, beating analysts’ expectations of 3.3%. It rose 3% in September.

Reporting by Yawen Chen and Huizhong Wu; Editing by Sam Holmes and Tom Hogue

Subscribe to the newsletter news

We hate SPAM and promise to keep your email address safe

Top Stories

To Top