China’s consumer price index climbed 1.8%, compared with 1.4% a month earlier. Photo: ReutersBeijing: China’s factory prices climbed for a 12th month as domestic demand remained resilient and the government continued to reduce excess industrial capacity. Consumer prices accelerated. The consumer price index climbed 1.8%, compared with 1.4% a month earlier, the statistics bureau said Saturday. Global metal prices soared last month as China’s demand held up on robust investment and construction amid government reforms that may crimp supplies.

Source: Mint September 09, 2017 04:07 UTC