Producer Price Index and Exports Fall in China

 

A double data blow for China has left experts predicting the central bank will have to further stimulate the country’s economy.

The producer price index in July fell 5.4 percent from a year earlier according to the National Statistics Bureau. It was a sharper drop than expected, the worst reading since October 2009 and the 40th straight month of price decline.

Exports tumbled 8.3 percent in the same month their biggest fall in four months.

Full article and video available here: Producer Price Index....

Source: Euronews