China factory price deflates as demand weakens

China factory price deflates as demand weakens The producer price index (PPI) -- an important barometer of the industrial sector that measures the cost of goods at the factory gate -- dropped 0.3 percent year-on-year in July, down from zero percent in June, according to the National Bureau of Statistics (NBS).

from Moneycontrol World News https://ift.tt/2KAHE6a
China factory price deflates as demand weakens China factory price deflates as demand weakens Reviewed by VidhanSabha on August 09, 2019 Rating: 5

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