Jul
09
China Factory Inflation Accelerates as Commodity Prices Edge Up
ByChina’s factory inflation accelerated in June as the price of commodities held up.
The producer price index rose 4.7 percent from a year earlier, compared with a projected 4.5 percent increase in a Bloomberg survey of economists and a 4.1 percent gain in May. The consumer price index climbed 1.9 percent in June, the statistics bureau said Tuesday, matching the forecast…
China Factory Inflation Accelerates as Commodity Prices Edge Up