China’s factory-gate prices rose for first time in 12 months in January, core consumer prices posted first drop in a decade
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China’s factory-gate prices rose for first time in 12 months in January, core consumer prices posted first drop in a decade
STOCKS

China’s factory-gate prices rose for first time in 12 months in January, core consumer prices posted first drop in a decade

 

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China’s factory-gate prices rose for the first time in a year amid rising demand as the economic recovery continued, while core consumer prices posted the first drop in a decade, highlighting the uneven nature of the recovery.

China's official Producer Price Index (PPI), reflecting the prices that factories charge wholesalers for their products, rose 0.3 per cent in January from a year earlier, compared with a 0.4 per cent drop in December, according to data released by the National Bureau of Statistics (NBS) on Wednesday. This was in-line with a rise . . .

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