BEIJING -China's factory gate prices rose at the fastest rate in three and a half years in April, official data showed on Tuesday, as the world's second-largest economy continued to gather momentum following record-setting growth in the first quarter.
Still, PPI rose 0.9per cent in April from a month ago, easing from a 1.6per cent gain the previous month. Food inflation remained weak. Prices dropped by 0.7per cent from a year earlier, unchanged from the previous month, weighed by falling pork prices.
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