{"id":46708,"date":"2021-06-09T10:21:16","date_gmt":"2021-06-09T06:21:16","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=46708"},"modified":"2021-06-09T10:45:26","modified_gmt":"2021-06-09T06:45:26","slug":"chinas-ppi-beats-expectations-rises-9-in-may","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/chinas-ppi-beats-expectations-rises-9-in-may\/06\/09\/market-updates\/","title":{"rendered":"China&#8217;s PPI Beats Expectations"},"content":{"rendered":"\n<p>China&#8217;s producer price index for May rose 9% from a year earlier, against expectations of an increase of 8.5% in a Reuters poll, marking the strongest rise for the index since 2008, when the index rose 9.13% in September.<\/p>\n\n\n\n<p>The country&#8217;s consumer price index in May rose 1.3% from a year earlier, less than the 1.6% expected rise in a Reuters poll.<\/p>\n\n\n\n<p>The producer price index in China recorded its peak decline in 2020 during May, as it declined by 3.7%, against expectations of a decline of 3.3%, in the midst of the Corona crisis that engulfed the global economy and is still in the process of recovering from it.<\/p>\n\n\n\n<p>The Producer Price Index determines the rate of inflation experienced by the industrial sector when purchasing goods and services and is believed to be a leading indicator of consumer inflation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China&#8217;s producer price index for May rose 9% from a year earlier, against expectations of an increase of 8.5% in a Reuters poll, marking the strongest rise for the index since 2008, when the index rose 9.13% in September. The country&#8217;s consumer price index in May rose 1.3% from a year earlier, less than the &hellip;<\/p>\n","protected":false},"author":9,"featured_media":33345,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6832],"class_list":["post-46708","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-china"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/46708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=46708"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/46708\/revisions"}],"predecessor-version":[{"id":46710,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/46708\/revisions\/46710"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/33345"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=46708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=46708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=46708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}