China’s PPI growth likely jumped above 10% and hit new record high in September, analysts say

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China's of factory-gate prices likely accelerated further in September, with Producer Price Index (PPI) likely jumping above 10 per cent to hit the highest on record, driven by surging commodity prices amid the global energy shortage and China's production restrictions for energy consumption control, said analysts.

The country's consumer inflation likely remain below 1 per cent last month mainly dragged by falling food prices, they said.