BEIJING  -China's factory-gate prices fell at the fastest pace in over seven-and-a-half years in June, while consumer inflation was at its slowest since 2021, adding to the case for policymakers to use more stimulus to revive sluggish demand. Momentum in China's post-pandemic economic recovery has slowed from a brisk pickup seen in the first quarter amid faltering manufacturing and lackluster consumer confidence. The producer price index (PPI) fell for a ninth consecutive month, down 5.4 percent from a year earlier after a 4.

https://business.inquirer.net/409516/chinas-factory-gate-prices-fall-at-fastest-pace-in-7-years

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