China's factory-gate price grew fastest since November 2018, consumer prices fell for second straight month

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China’s factory gate prices grew at the fastest pace since November 2018 in February, as producers passed on rising raw material prices, while consumer .

The producer price index (PPI), which reflects the prices that factories charge wholesalers for their products, rose to 1.7 per cent in February from a year earlier, the highest rate since November 2018 and a sharp increase from the gain of 0.3 per cent in January, according to data released by the National Bureau of Statistics on Wednesday.

The reading was above expected, with a Bloomberg survey of . . .

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