China’s Oct PPI (Producer Price Index) falls 1.6% y/y, CPI increase to approach eight-year high:

China’s industrial facility door costs fell 1.6% in October from a year sooner, the steepest fall since July 2016, information from the National Bureau of Statistics appeared on Saturday, as assembling keeps on battling with feeble interest.

Experts had expected manufacturing plant door costs to fall 1.5% on-year.

The Producer Price Index (PPI), seen as a key indicator of corporate benefit, fell 1.2% on-year in September.

The consumer price index increased 3.8% in October from a year sooner, the quickest pace seen since January 2012, beating analyst’s desires for 3.3%. It rose 3% in September.

 

Source: https://www.yahoo.com/news/1-china-factory-gate-prices-032822418.html