China’s factory gate prices fell into deflationary territory last month for the first time since 2020 and consumer prices rose less than expected, further signs of the damping effect of Covid-19 lockdowns on domestic demand.The country’s producer price index, a gauge of prices for goods as they leave factories, which are heavily determined by energy and raw material costs, fell 1.3 per cent in October year on year, its first decline since December 2020.
上月,中國工業生產者出廠價格自2020年以來首次降至通縮區間,居民消費價格漲幅也低於預期,這進一步顯示出新冠疫情封鎖對中國國內需求的抑制。
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