China’s PPI growth hit record 10.7% in September driven by surging commodity price, energy curbs
China’s PPI growth hit record 10.7% in September driven by surging commodity price, energy curbs

China’s PPI growth hit record 10.7% in September driven by surging commodity price, energy curbs

 

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China's factory-gate inflation hit the highest level on record in September driven by soaring commodity prices and measures to curb energy use, while consumer inflation eased slightly dragged by falling food prices.

The producer price index (PPI), which reflects the prices factories charge wholesalers for their products, jumped 10.7 per cent in September from a year earlier, accelerating from a gain of 9.5 per cent in August, the National . . .

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