MTS Help Center

China’s producer price inflation unexpectedly accelerated to a six-month high in September as a construction boom shows no signs of abating and a government crackdown on air pollution triggers fears of winter shortages and frenzied jumps in commodity prices.

China’s economy is expected to grow 7 percent in the second half of this year, the country’s central bank governor said, defying economists’ expectations for a slowdown.

The producer price index (PPI) rose 6.9 percent in September from a year earlier, from 6.3 percent in August, the National Bureau of Statistics (NBS) said on Monday.

Reference: Reuters

Read more: http://uk.reuters.com/article/uk-china-economy-inflation/china-september-producer-prices-jump-most-in-six-months-in-boost-for-global-inflation-idUKKBN1CL05I?il=0