China's November PPI falls, CPI soars to near eight-year high
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BEIJING (Reuters) - China's producer prices in November fell 1.4% from a year earlier, official data showed on Tuesday, weighed by weak demand and slumping exports, keeping pressure on Beijing to launch more stimulus measures. Analysts had expected factory-gate prices to fall 1.5% year-on-year, compared with a 1.6% drop in October. The consumer price index rose 4.5% in November from a year earlier, the fastest pace seen since January 2012, beating analysts' expectations of 4.2% and..