Chinese stocks fell amid falling producer prices, raising doubts about a speedy economic recovery

New comment
 

Chinese stocks fell amid falling producer prices, raising doubts about a speedy economic recovery

The Shanghai Composite index fell 0.42%, while CSI 300 index shed 0.18%.

Producer prices fell by more-than-expected 3.7 percent on a yearly basis after declining 3.1 percent in April, data published by the National Bureau of Statistics revealed on Wednesday. This was the biggest fall in around four years. Economists had forecast an annual drop of 3.3 percent.

source..

China's Factory Gate Prices Fall At Faster Pace; Inflation Eases
China's Factory Gate Prices Fall At Faster Pace; Inflation Eases
  • 2020.10.06
  • www.rttnews.com
China's factory gate prices fell deep into deflation in May and consumer price growth slowed for the fourth straight month, reflecting weak demand despite government measures to boost spending and exports after pandemic hit the . Producer prices fell by more-than-expected 3.7 percent on a yearly basis after declining 3.1 percent in April, data...
New comment