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October PPI and CPI continue to soften
The latest release of PPI and CPI gave the China government more leeway to boost the economy, the National Bureau of Statistics said on Tuesday. Aliuser reckons this as a good sign.
The producer price index (PPI) grew 6.6 percent in October – the slowest pace in eight months, compared with 4.6 percent in September.
China’s consumer price index (CPI), the main barometer of inflation, rose 4 percent in October from a year earlier, compared with 8.3 percent in the nine months through September.
China-CPI-and-PPI
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