China's factory prices rise more slowly than expected in Dec

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BEIJING : China's factory-gate inflation rose more slowly than expected in December as the government took steps to contain lofty raw material prices, official data showed on Wednesday.The producer price index (PPI) climbed 10.3per cent from a year earlier, the National Bureau of Statistics (NBS) said in

BEIJING : China's factory-gate inflation rose more slowly than expected in December as the government took steps to contain lofty raw material prices, official data showed on Wednesday.

Factory inflation has moderated from record highs in recent weeks as Beijing intervened to stabilise high raw material prices and ease an energy power crunch.

 

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