Fall in Chinese factory gate prices eases again in May

Fall in Chinese factory gate prices eases again in May Beijing (AFP) June 9, 2016 - The fall in producer prices eased further in May, data showed Thursday, fuelling hopes a slowdown in the world's number two economy is bottoming while stabilising consumer inflation also gave authorities room for fresh stimulus. The producer price index (PPI), which measures the cost of goods at the factory gate, fell 2.8 percent year on year last month, much narrower than the 3.4 percent de ... more

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