Chinese PPI -5.9% vs. -5.5% forecast
(MENAFN- FxPro) Producer price inflation in China fell more-than-expected last month, official data showed on Thursday.
In a report, National Bureau of Statistics of China said that Chinese PPI fell to an annual rate of -5.9%, from -5.4% in the preceding month.
Analysts had expected Chinese PPI to fall to -5.5%.
In a report, National Bureau of Statistics of China said that Chinese PPI fell to an annual rate of -5.9%, from -5.4% in the preceding month.
Analysts had expected Chinese PPI to fall to -5.5%.
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