About: http://data.cimple.eu/news-article/203bbb4530acbd97c33d80c683637c83ffc8916e528c957241cc178e     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

AttributesValues
rdf:type
schema:articleBody
  • China's factory prices grew at their fastest rate in nearly four years in April, data showed Tuesday, in a sign of the strength of the country's recovery from the Covid-19 pandemic. Having largely contained the coronavirus crisis early last year, the world's second-biggest economy has enjoyed months of improvement, and was the only major economy to expand in 2020. China's producer price index (PPI), which measures the cost of goods at the factory gate, expanded a forecast-beating 6.8 percent on-year last month, the National Bureau of Statistics said. This is the highest recorded since October 2017, and a leap from the 4.4 percent registered the previous month. Analysts had predicted strong growth based on the low corresponding figures for last year, when much of the country remained closed to try to stem Covid-19 outbreaks. "In April, domestic industrial production recovered steadily, the prices of international commodities such as iron ore... rose, and prices in the production sector continued to rise," said Senior NBS statistician Dong Lijuan. China's economy has bounced back since authorities brought the coronavirus crisis largely under control through strict lockdowns and border restrictions and Beijing set a 2021 growth target of above six percent for the year with a mass vaccination campaign under way. Official data on Tuesday also showed China's consumer price index (CPI) rose 0.9 percent on-year in April -- slightly lower than expected. Dong said the increase came as "domestic consumption continued to recover and prices were generally stable". As domestic tourism continued to increase, the prices of air tickets and hotels increased, she said. China's CPI, a key gauge of retail inflation, had in recent years been driven up by pork prices after an African swine fever outbreak ravaged stocks. This has since stabilised with officials working to boost supplies of the country's meat staple. rox/jah
schema:headline
  • China's factory gate prices jump in April
schema:mentions
schema:author
schema:datePublished
http://data.cimple...sPoliticalLeaning
http://data.cimple...logy#hasSentiment
http://data.cimple...readability_score
http://data.cimple...tology#hasEmotion
Faceted Search & Find service v1.16.115 as of Oct 09 2023


Alternative Linked Data Documents: ODE     Content Formats:   [cxml] [csv]     RDF   [text] [turtle] [ld+json] [rdf+json] [rdf+xml]     ODATA   [atom+xml] [odata+json]     Microdata   [microdata+json] [html]    About   
This material is Open Knowledge   W3C Semantic Web Technology [RDF Data] Valid XHTML + RDFa
OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 5 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software