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China's easing factory gate prices hint at broader economic slowdown

Saturday, June 10, 2017 - 05:50

Chinafactory.jpg
China's producer price inflation eased for the third straight month in May on tumbling prices of raw materials, signalling a broader cooling in economic activity as profits are squeezed by slackening domestic demand and rising financing costs.

Beijing

CHINA'S producer price inflation eased for the third straight month in May on tumbling prices of raw materials, signalling a broader cooling in economic activity as profits are squeezed by slackening domestic demand and rising financing costs.

Moderating factory gate

sentifi.com

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