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Friday, 9 December 2011

China industrial output slows and inflation drops

Worries that turmoil in Europe and the United States is hurting China's key exports sector weighed on stock markets in China.
The benchmark Shanghai Composite slid 0.6pc, to end the week down 1.9pc – its fifth week of losses.
The producer price index, which measures the cost of goods at the farm and factory gate, rose 2.7pc year on year in November compared with 5pc in October, the National Bureau of Statistics said on Friday.
It was the slowest pace since December 2009 when it rose 1.7pc.
China's consumer prices also rose at their slowest pace in more than a year in last month.      Read Here

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