China’s producer price index (PPI), which reflects the prices that factories charge wholesalers for products, rose by 2.3 per cent in August, down from a rise of 4.2 per cent in July. Photo: EPA-EFE
China consumer, producer price inflation set to continue ‘falling over coming quarters’ after easing in August
- China’s headline inflation rose less than expected in August, while factory-gate prices also fell short of expectations last month
- Analysts expect ‘both inflation measures to continue falling over the coming quarters’
China’s producer price index (PPI), which reflects the prices that factories charge wholesalers for products, rose by 2.3 per cent in August, down from a rise of 4.2 per cent in July. Photo: EPA-EFE
