China's factory deflation eases in August
Consumer prices inch up 1.3%; producer-price index improves for an eighth straight month
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Beijing
CHINA'S factory-gate deflation eased to the least in four years while consumer prices remain muted, giving policymakers fresh evidence that the price outlook is stabilising along with demand.
Producer-price index (PPI) improved for an eighth straight month, falling 0.8 per cent in August from a year earlier, the National Bureau of Statistics (NBS) said on Friday, less than the 0.9 per cent drop projected by economists in a Bloomberg survey.
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