Chinese Inflation Accelerates for First Time in Months

alborsaanews.com

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During today's Wednesday trades, China's shares rose slightly, while Hong Kong's counterpart declined, following data showing accelerated producer and consumer price inflation in August, driven by rising energy costs despite weak domestic demand. Chewie Chang, the chief economist for asset management, stated that inflation data were mainly driven by commodity and food prices, while [...] the article continued to grow slightly as the Yuan stabili…

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China's shares recorded . . light high, while Hong Kong's shares remained stable ...