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China’s factory-gate prices showed an annual fall for a second month in November while consumer inflation slowed, indicating weak economic activity and soft demand.
The producer price index (PPI) was down 1.3 percent on a year earlier, unchanged from an annual contraction seen in October, according to National Bureau of Statistics (NBS) data issued on Friday. That was slower than a 1.4 percent fall tipped in a Reuters poll.
The November consumer price index (CPI) climbed 1.6 percent from a year earlier, slowing from the 2.1 percent annual rise seen in October and in line with a Reuters poll.
