
Dow Jones Newswires: China’s factory-gate prices rise in October at fastest pace in 25 years
BEIJING — China’s factory-gate prices in October grew at the fastest pace in 25 years due to the surging coal prices.
The producer-price index rose 13.5% from a year earlier in October, accelerating from September’s 10.7% increase, the National Bureau of Statistics said Wednesday. October’s result is now the highest rate of increase recorded in the data series since it began in 1996, followed by the September figure.
The…