Producer price index rises, consumer price index falls, eNCA reports
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Summary
The producer price index saw its fastest growth since June 2022, according to eNCA. The consumer price index decreased to 0.7 percent year-on-year in October, eNCA reported. Beijing aims for GDP growth of 4.5 to 5.0 percent this year, the lowest target in decades, according to eNCA.
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According to preliminary information
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eNCA states: The producer price index saw its fastest growth since June 2022.
eNCA states: The consumer price index decreased to 0.7 percent year-on-year in October.
eNCA states: Beijing aims for GDP growth of 4.5 to 5.0 percent this year, the lowest target in decades.
Sources for this fact
Sources
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eNCA
T2 · established media · company · international
Bloomberg
T4 · unknown origin · affiliation not stated · international
CNBC
T2 · established media · company · international
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