China November producer prices ease to 4-month low | Bangkok Post: business - News Summed Up

China November producer prices ease to 4-month low | Bangkok Post: business


Producer prices rose 5.8% from a year earlier -- the lowest since July, the National Bureau of Statistics said on Saturday. Analysts expect producer price pressures to recede as the war on smog curtails production, cooling demand from factories for raw materials. Raw materials prices rose 7.5% in November year-on-year, compared with 9% in October, data from the statistics bureau showed. Oil and natural gas prices jumped 20.3% year-on-year in November, compared with a 16.5% rise in October, the bureau's data showed. Coal mining and processing prices rose 8.6% from a year earlier, compared with a 19.7% rise in October.


Source: Bangkok Post December 09, 2017 03:00 UTC



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