China wholesale inflation hits over four-year high as consumer measure slows

Bản dịch chưa sẵn sàng. Đang hiển thị bài viết gốc.

Producer prices in China grew at the fastest rate since June 2022, accelerating for the third month in a row. The PPI for October came in at 5.7%, compared to the 5.3% expected by economists polled by Reuters. Consumer inflation in China slowed to 0.7% in October, its first deceleration after two straight months of increases. The figure missed expectations of a 0.8% rise from economists polled by Reuters, and was lower than the 0.9% seen in September. The Chinese economy has shown some signs of expansion recently. It grew faster than expected in the third quarter, and September saw a sharp beat in retail sales.