China’s client costs fell in October, signaling weak spot in home demand, in line with official information.
The consumer-price index fell 0.2% in October from a yr earlier after staying flat in September, the National Bureau of Statistics stated Thursday. A Wall Street Journal ballot of economists had tipped a 0.1% lower.
Meanwhile, China’s producer-price index for October dropped 2.6% from a yr earlier, in contrast with September’s 2.5% fall. The survey of economists had anticipated PPI to fall 2.7% from a yr earlier.
Source web site: www.marketwatch.com
