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China PPI falls 0.8% as companies cut prices amid economic gloom
Published Tue, Sep 10, 2019 · 09:50 PM
Beijing
CHINA'S pork prices surged in August, while factories slashed their prices further as the ongoing Sino-US trade war continued to put pressure on margins for companies.
Pork prices soared 46.7 per cent last month as a year-long swine fever outbreak killed millions of hogs throughout the country, official figures published on Tuesday showed.
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Central banks will probably only cut half as much as they hiked