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1.Market Observations, 8.Was Sticky

11 Feb 2020 (AFR) – Coronavirus: China’s factory prices break deflation spell, but virus risks grow

(11 February 2020, AFR, p9, Se Young Lee and Stella Qiu)

Beijing | China’s factory-gate prices snapped six months of year-on-year declines in January, although prolonged business closures from the coronavirus outbreak mean positive momentum is unlikely to persist. The virus has killed more than 900 in China and has also added to price pressures with consumer inflation hitting a more than eight-year high as government restrictions on movement drove residents to stock up on essentials.’

Read more at AFR.com (might need AFR login access)

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