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28.11 - 23:07
China’s Factory Inflation Grows at Record Pace on Soaring Energy Prices
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HONG KONG—China’s factory-gate prices surged at a record pace in October due to higher energy costs, adding to anxieties that global inflation will persist while constraining Beijing’s ability to stimulate the nation’s economy.
China’s producer-price index rose by a record 13.5% in October from a year earlier, accelerating from a 10.7% increase in September, according to the National Bureau of Statistics.
Read more on wsj.comAbout this in other media
U.S., Other Countries to Tap Strategic Oil Reserves in Bid to Tame Inflation wsj.com /2 years ago
Biden to release 50m barrels of oil in effort to bring down rising US gas prices theguardian.com /2 years ago
China sets stage for easier monetary policy as central bank deletes language from new report cnbc.com /2 years ago
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