Economy and macroUpdated November 9
China’s producer-price rise beats forecasts as consumer inflation cools.
October’s figures show factory and consumer prices moving in different directions. Producer prices rose 5.7% from a year earlier, up from 5% in September and ahead of analysts’ 5.3% forecast. Consumer prices, by contrast, were flat month to month after seasonal adjustment, following September’s 0.2% rise. On an annual basis, consumer inflation slowed from 0.9% to 0.7%, also below analysts’ 0.8% forecast. The factory measure is picking up; the consumer measure is easing.
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Coverage started November 9
