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1.Market Observations, 8.Was Sticky

10 Mar 2017 (AFR) – China’s producer price inflation rate fastest in nine years

(10 March 2017, AFR, p21, by Sue-Lin Wong)

‘China’s producer price inflation accelerated to its fastest pace in nearly nine years in February and by more than expected as prices of steel and some raw materials extended a torrid rally, boosting profits for industrial companies worldwide. Consumer inflation, however, cooled more than expected to its mildest pace since January 2015 as food prices fell, remaining well below the government’s 3 percent target.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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