(The article has 720 words)
China’s producer inflation decelerated sharply in the last month of 2018 to hit the lowest growth in two years, bringing the threat of a factory deflation even closer to the world's second largest economy. More and more believe that the authority should take more aggressive steps to arrest a sharp economic slowdown and interest rate cuts should be put on the agenda as soon as possible.
The Producer Price Index (PPI) which measures factory-gate price increases, rose 0.9 per cent in December from a year . . .
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