BEIJING (Reuters) -- China's producer price deflation eased in October and consumer prices returned to positive territory, data showed on Sunday, as the government steps up efforts to curb overcapacity and cut-throat competition among firms.
Figures suggest stabilizing effect from efforts to curb excessive competition
An electronics market in Shenzhen, in China's Guangdong province, on Oct. 30: The country's producer and consumer price indexes performed better than expected in the month. © Reuters
BEIJING (Reuters) -- China's producer price deflation eased in October and consumer prices returned to positive territory, data showed on Sunday, as the government steps up efforts to curb overcapacity and cut-throat competition among firms.