China Producer Inflation Accelerates to Over Four-Year High
China’s producer-price index rose 5.7% year over year, its fastest pace in more than four years, as energy prices lifted production costs. Consumer inflation missed forecasts amid weak consumption.
China's factory-gate prices rose at their fastest pace in more than four years last month as surging energy prices continued to push up production costs, while consumer inflation missed forecasts amid weak consumption.The producer-price index climbed 5.7% from a year earlier, accelerating from Sept…