The producer price index - which measures the cost of goods sold to businesses - soared 10.7% in September from a year ago, according to government data released Thursday. That is the fastest increase since 1996, when the government began releasing such data, according to Eikon Refinitiv data. The spike can be attributed to 'higher prices in coal and products from energy-intensive sectors,' Dong Lijuan, senior statistician at China's National Bureau of Statistics, said in a statement. Coal prices are […]
