BEIJING (Reuters) -- China's factory gate prices rose at the fastest rate in three and a half years in April as the world's second-largest economy gathers momentum after strong first-quarter growth, but economists downplayed the risks to inflation.
April PPI surges 6.8% on year, beating forecasts
A factory in China: Global investors are increasingly worried that pandemic-driven stimulus measures could spark inflation. © Reuters
BEIJING (Reuters) -- China's factory gate prices rose at the fastest rate in three and a half years in April as the world's second-largest economy gathers momentum after strong first-quarter growth, but economists downplayed the risks to inflation.