China factory prices rise at fastest pace since August 2008
BEIJING (REUTERS) – China’s factory gate inflation hit a 13-year high in August, as commodity prices remained elevated despite Beijing’s attempts to cool them. The producer price index (PPI) rose 9.5 per cent from a year earlier in August, the National Bureau of Statistics (NBS) said on Thursday (Sept 9), faster than the 9.0 per cent increase tipped in a […]
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