Economics
China PPI Falls at Slowest Pace in Two Years
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China’s factory-gate prices fell in June at the slowest pace in more than two years, adding to signs of stabilization in the world’s second-largest economy.
The producer-price index declined 1.1 percent from a year earlier, the National Bureau of Statistics said today in Beijing, compared with the median estimate of analysts for a 1 percent drop. The consumer-price index increased 2.3 percent, below projections for a 2.4 percent gain.