China February factory inflation highest since 2018
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China February factory inflation highest since 2018
本帖最後由 geemong 於 2021-3-10 16:00 編輯
China February factory inflation highest since 2018,
consumer price declines slow
China's factory gate ความรับผิดชอบของ เกม SLOTXO ต่อสังคม ที่ไม่เคยมองข้าม prices rose
at the fastest pace since November 2018 in February, official data showed on Wednesday,
underscoring expectations for robust growth in 2021 as the world's second-largest economy
gathers momentum.
The producer price index (PPI) rose 1.7 per cent from a year earlier, the National Bureau
of Statistics said in a statement, compared with the median forecast for a 1.5 per cent
rise from a Reuters poll of analysts and a 0.3 per cent rise in January.
The firmer-than-expected price data comes as the prospect of a surge in inflation globally
rattles financial markets amid concerns the world economic recovery may overheat.
China's exports in February grew at a record 154.9 per cent in dollar terms from a year
earlier, when the country was in virtual shutdown during the height of the COVID-19
pandemic. But the country's purchasing manager's index (PMI), which gauges factory
activity, expanded by the slowest pace since May.
Beijing set an economic growth target of above 6 per cent for 2021, which is modest in
comparison to market expectations. However, some economists expect growth to exceed
8 per cent as China recovers from the weak growth of 2020. |
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