China September data shows sharp split: factory gate inflation surges while consumer prices remain muted
Official National Bureau of Statistics figures on October 14 show China’s producer price index rose 5.0 percent year on year in September, its fastest pace in over four years, while consumer inflation eased below forecasts at 0.9 percent. The divergence reinforces the export led, uneven recovery and complicates policy choices for Beijing and the central bank.
