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China's factory inflation slowest in 13 months as war on pollution steps up

Reuters  |  BEIJING 

By Stella Qiu and Elias GlennBEIJING (Reuters) - China's producer prices rose at their slowest pace in 13 months in December, as the government's war against winter smog dented factory demand for raw materials in a sign the world's second largest economy has started to slow.The producer price index (PPI) rose 4.9 percent in December from a year earlier, the slowest growth since November 2016, the National Bureau of Statistics (NBS) said on Wednesday. That was slightly faster than the 4.8 percent in a Reuters poll of analyst but much weaker than the 5.8 percent pace seen in November.The data ...

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First Published: Wed, January 10 2018. 10:24 IST