China has been tackling a sharp decline in prices with factories getting less for their products from key overseas markets. The producer price index (PPI) for May reduced by 4.6 per cent, witnessing a decline for an eighth consecutive month, Gulf Today reported citing the National Bureau of
Beijing [China], August 10 (ANI): China's factory-gate inflation in July reached the lowest since February last year, according to the National Bureau of Statistics on Wednesday.
Beijing [China], May 6 (ANI): With a tremendous rise in COVID cases caused by the Omicron variant, China is going through its worst outbreak which will impact freight costs and global inflation, said a media report.
Manila [The Philippines], December 10 (ANI): The Asian Development Bank (ADB) on Thursday raised growth forecast for India in current fiscal year to minus 8 per cent from minus 9 per cent projection in September while keeping the outlook for next fiscal year at 8 per cent.