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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: RealMuLan who wrote (13997)10/25/2004 12:37:37 PM
From: RealMuLan  Read Replies (1) of 116555
 
Producer prices in China gain on cost of materials

By Wing-Gar Cheng Bloomberg News

Monday, October 25, 2004
BEIJING China's producer prices rose 7.9 percent last month from a year earlier as the cost of crude oil, coal and steel products increased, according to Beijing-based Mainland Marketing Research, which compiles monthly figures for China's National Bureau of Statistics.
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Prices in September were 1.1 percent higher than in August, the group said Saturday. The statistics bureau declined to give the figures directly. For the first nine months of this year, producer prices rose 5.5 percent from a year earlier.
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iht.com
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