The latest release of PPI and CPI gave the China government more leeway to boost the economy, the National Bureau of Statistics said on Tuesday. Aliuser reckons this as a good sign.
The producer price index (PPI) grew 6.6 percent in October – the slowest pace in eight months, compared with 4.6 percent in September.
China’s consumer price index (CPI), the main barometer of inflation, rose 4 percent in October from a year earlier, compared with 8.3 percent in the nine months through September.
Related Stories:
- Analysts tipping a downturn for China exports in October
- Task force expected to work fast
- Reserve rate cuts to help SMEs
- China’s August CPI gives room to move

1 comment
Comments feed for this article
December 14, 2008 at 4:12 am
Rougher seas ahead « Alibaba Weblog — International Trade for Suppliers and Buyers
[...] October PPI and CPI continue to soften [...]