China's December factory-gate price deflation eases, CPI remains high
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BEIJING (Reuters) - China's producer prices fell at a slower pace in December, in signs of a modest recovery in manufacturing activity and suggesting Beijing's stimulus measures might have helped to steady the economy.The producer price index (PPI), seen as a key indicator of corporate profitability, fell 0.5% from a year earlier, National Bureau of Statistics (NBS) data showed on Thursday. Analysts had expected factory-gate prices to fall 0.4% year-on-year, compared with a 1.4% drop in..