China’s factory-gate prices in May rose at their highest pace in nearly 13 years, boosted by a surge in global commodity prices that is set to put more pressure on businesses in the country. The producer-price index jumped 9.0% from a year ago in May, accelerating from April’s 6.8% increase, the National Bureau of Statistics …
The post China’s Factory-Gate Prices Soared in May at Fastest Pace in 13 Years first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John