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Declines in major industries drag China factory inflation down

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Published Wed, Jan 10, 2018 · 09:50 PM

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Beijing

CHINA'S factory inflation slowed to a 13-month low in December, official data showed Wednesday - a sign of continued fragility in the world's second-largest economy.

The producer price index (PPI) rose 4.9 per cent year-on-year in December, its lowest rate since November 2016, according to China's National Bureau of Statistics (NBS).

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