16 Hrs
Source:
Sky News
China wholesale prices up 3.8% in August
Producer prices (wholesale) in China increased by 3.8% in August, due to import price pressures from oil and non-ferrous metals, as well as factory upgrades that boosted demand and prices in emerging sectors. Additionally, higher summer demand for electricity and coal, along with weather changes, contributed to the price increases. Meanwhile, the consumer price index saw a modest annual rise of 0.8%.
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