Wednesday , November 27 2024

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China’s producer inflation eases to 14-month low in May

China's producer inflation eases to 14-month low in May

China’s factory-gate inflation cooled to its slowest pace in 14 months in May, depressed by weak demand for steel, aluminium and other key industrial commodities due to tight Covid-19 curbs. The producer price index (PPI) rose 6.4% year-on-year, the National Bureau of Statistics (NBS) said in a statement, after the …

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VN-Index treads water as large-cap stocks divide

A worker checks products at a storage facility of Hòa Phát Group (HPG). The company’s shares surged more than 2.7 per cent, cushioning the market’s downside risk. — Photo hoaphat.com.vn HÀ NỘI — The market struggled on Thursday as large-cap stocks traded on both sides, causing the VN-Index to hover around the …

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