China inflation: consumers set to feel ‘stronger’ knock-on effect of rising factory-gate prices

Source: China – South China Morning PostThere are early signs that upstream producers in China may have started to pass on rising costs to downstream businesses – a shift that was underscored when both the consumer and factory-gate indices beat expectations on Wednesday, although analysts do not expect this to be a long-term trend.China’s consumer inflation index (CPI) last month rose by 1.5 per cent from a year earlier, up from 0.7 per cent in September, although analysts say the “pass-through” of a higher producer price index (PPI)…Read More

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