China wholesale inflation hits highest in more than four years as consumer measure slows
The PPI for October came in at 5.7%, compared to the 5.3% expected by economists polled by Reuters.
The PPI for October came in at 5.7%, compared to the 5.3% expected by economists polled by Reuters.
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The PPI for October came in at 5.7%, compared to the 5.3% expected by economists polled by Reuters.
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Weak domestic demand weighs on the world’s second-largest economy even as energy crisis drives up costs
Gold price trades near $4,050/oz after preliminary Consumer Sentiment rises to 51, inflation expectations ease teaser image
Goods exports soared by 35.2% last month from a year earlier, exceeding expectations for a 33.5% jump in a Reuters poll and slowing from a 36.3% jump in September.
The CPI headline reading is expected to show an increase of 0.3% while the core is forecast to increase 0.2%.
Following the latest Trump-Xi summit, China pledged further opening of its financial market to companies from all countries, including the U.S.
Balance is on course for annual record that would intensify tensions with trade partners