Newsclip®: [Business] China producer price falls slow in April: govt

"BEIJING: Chinese producer prices declined at their slowest rate in 16 months in April, official data showed Tuesday, a positive sign for the world's second-largest economy.The producer price index (PPI), which measures prices of goods at the factory gate and is a leading indicator of consumer inflation, fell by 3.4 percent from a year ago, the National Bureau of Statistics (NBS) said in a statement.The figure was ahead of the median estimate of a 3.7 percent decline in a Bloomberg News surve",

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