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China's Oct PPI up 5%

China's Oct PPI up 5%

Write: Tina [2011-05-20]

China's Oct PPI up 5% China's producer price index (PPI), a major measure of inflation at the wholesale level, rose by 5 percent in October from one year earlier, the National Bureau of Statistics (NBS) said Thursday. The growth rate was 0.7 percentage point higher compared with that in August, the NBS said.