Thursday 15 November 2018
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todayonline - 1 month ago

China s factory-gate inflation cools for third month, points to slackening demand

BEIJING - China s factory-gate inflation cooled for a third straight month in September amid ebbing domestic demand, pointing to more pressure on the world s second biggest economy as it remains locked in an intensifying trade war with the United States. Consumer inflation, on the other hand, picked up slightly in September from the previous month, led mainly by higher food prices, official data showed on Tuesday. Overall, pricing pressures were contained, giving authorities the

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