The story appears on

Page A11

May 22, 2012

GET this page in PDF

Free for subscribers

View shopping cart

Related News

Home » Business » Economy

PPI's steeper fall

SHANGHAI'S Producer Price Index, the factory-gate gauge of inflation, posted a steeper drop of 1.1 percent in April from a year earlier, the Shanghai Statistics Bureau said yesterday.

The PPI fell 0.9 percent in March, which indicated then that inflationary pressure on the consumer prices would wane in the future, analysts said.

Shanghai's Consumer Price Index, the main gauge of inflation, rose 3.6 percent last month, easing from the 3.8 percent increase in March.



 

Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号

Email this to your friend