China’s Factory-Gate Prices Jump 5.7% as Consumer Inflation Cools to 0.7%
Producer prices rose at their fastest pace in years while consumer inflation eased below forecasts, widening the gap between surging factory costs and weak household demand.
Producer prices rose at their fastest pace in years while consumer inflation eased below forecasts, widening the gap between surging factory costs and weak household demand.
China’s official manufacturing PMI fell to 49.3 in October from 50.1 in September, slipping back into contraction as soft demand, including for exports, weighed on factories, official data showed on Saturday.