China’s sky-high factory inflation, also known as the producer price index (PPI), slowed in November from a 26-year high the month before. The factory inflation rose 12.9 percent from a year earlier in November, slower than October’s 13.5 percent—the most significant increase since 1995—but faster than the 10.7 percent of September, according to a Dec….
China Factory-Gate Inflation Slows in November
December 10, 2021
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Business & EconomyChinaChina Business & Economyeconomyfactory gate pricesinflationnational bureau of statisticsPPI
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China’s Factory Inflation Accelerates to 26-Year High, Yet Demand Remains Weak
November 10, 2021
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Asia & PacificBusiness & EconomyChinaChina Business & Economyconsumer pricesCPIEconomiesfactory gate pricesinflationPPIproducer pricesWorld
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China’s factory gate prices rose at the fastest pace in 26 years in October, but producers have had no way to cover their costs with consumer demand remaining weak. Factory gate prices refer to the cost at which wholesalers purchase materials from producers, not considering transport and distribution fees. The producer price index (PPI) has soared…
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