China's September Producer Price Index Rises 5%, Reaching a 4-Year High
- 1The growth rate of China's September Producer Price Index recorded 5%, the fastest increase in four years.
- 2The growth rate of China's Consumer Price Index was 0.9%, slightly below the expected 1%.
- 3The State Council suggested that macroeconomic policy countercyclical adjustments should be strengthened to respond to economic management challenges.
So what's the key point?
Prices for goods produced in Chinese factories rose by 5%, the fastest increase in four years. This creates the possibility that the government will adjust policies to match the economic situation.
Source CNBC · View original ↗
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