10.11.2008 - China producer-price inflation slows on commodities
From Bloomberg: Producer-price inflation in China cooled to the slowest pace in eight months on falling energy and commodity costs, making the central bank more likely to keep cutting interest rates. Factory-gate prices rose 6.6 percent in October from a year earlier, the statistics bureau said today, after gaining 9.1 percent in September. That was less than the 8 percent median estimate of 15 economists surveyed by Bloomberg News..... Full Article: Source