{"id":449188,"date":"2021-11-11T08:36:20","date_gmt":"2021-11-11T03:06:20","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=449188"},"modified":"2021-11-11T09:27:40","modified_gmt":"2021-11-11T03:57:40","slug":"chinas-factory-inflation-hits-26-year-high-as-power-crunch-bites-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/chinas-factory-inflation-hits-26-year-high-as-power-crunch-bites-2\/","title":{"rendered":"China&#8217;s factory inflation hits 26-year high as power crunch bites"},"content":{"rendered":"<p>China&#8217;s factory gate inflation hit a 26-year high in October as coal prices soared amid a power crunch in the country&#8217;s industrial heartland, further squeezing profit margins for producers and heightening stagflation concerns.<\/p>\n<p>The producer price index (PPI) climbed 13.5% from a year earlier, faster than the 10.7% rise in September, the National Bureau of Statistics (NBS) said in a statement. <\/p>\n<p>It matched a pace not seen since July 1995 and was faster than the 12.4% forecast by analysts in a Reuters poll.<\/p>\n<p>Consumer price rises also quickened, although at a slower pace than factory gate prices. The consumer price index (CPI) rose 1.5% in October year-on-year, compared with September&#8217;s 0.7% rise.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China&#8217;s factory gate inflation hit a 26-year high in October as coal prices soared amid a power crunch in the country&#8217;s industrial heartland, further squeezing profit margins for producers and heightening stagflation concerns. The producer price index (PPI) climbed 13.5% from a year earlier, faster than the 10.7% rise in September, the National Bureau of Statistics (NBS) said in a statement. It matched a pace not seen since July 1995 and was faster than the 12.4% forecast by analysts in a Reuters poll. Consumer price rises also quickened, although at a slower pace than factory gate prices. The consumer price [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-449188","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/449188","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=449188"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/449188\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=449188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=449188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=449188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}