close
This ad will auto close in 10 seconds
China producer prices fall at slowest in 4 years

China producer prices fall at slowest in 4 years

China`s producer prices fell at their slowest rate for more than four years in August, the government said Friday, another sign of stabilisation in the world`s second-largest economy.

China deflation fears grow as producer prices sink most in 6 years

China deflation fears grow as producer prices sink most in 6 years

The producer price index (PPI) fell 5.9 percent in August from the same period last year, its 42nd consecutive month of decline and the biggest drop since the depths of the global financial crisis in late 2009, data showed on Thursday.

China's producer price index falls

The drop, the 13th straight month of decline, widened from the 1.6-percent annual fall seen in February, suggesting continued weak market demand, reported Xinhua.