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China’s producer price index rises 6.1% in January

HONG KONG (MarketWatch) — China’s producer price index climbed 6.1% in January from a year earlier, the National Bureau of Statistics said Monday. The increase follows a 5.4% rise in December, and marks the sixth straight month the growth rate in the PPI index has increased. The wholesale inflation data reflects growing pricing pressures faced by manufacturers, which must be absorbed as a squeeze against margins or passed on to consumers in the form on higher prices.
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Original post by Forextvblog

This entry was posted on Sunday, February 17th, 2008 at 9:21 pm and is filed under Daily Forex Analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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