China’s factory-gate inflation hit new record high in October driven by soaring coal prices, consumer inflation also picked up
DATA FEATURES
China’s factory-gate inflation hit new record high in October driven by soaring coal prices, consumer inflation also picked up
DATA FEATURES

China’s factory-gate inflation hit new record high in October driven by soaring coal prices, consumer inflation also picked up

 

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China's factory gate inflation hit a new record high in October mainly driven by soaring coal prices, further squeezing profit margins for producers and heightening stagflation concerns.

The producer price index (PPI) jumped 13.5% last month from a year earlier, accelerating from the 10.7% growth in September, the National Bureau of Statistics (NBS) said on Wednesday. That marks the fastest growth since 1997 when the record started and was faster than the . . .

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