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China April PPI drops 4.6 pct y-o-y

Xinhua, May 9, 2015 Adjust font size:

China's producer price index (PPI), which measures wholesale inflation, plunged 4.6 percent year on year in April, the National Bureau of Statistics (NBS) said on Saturday.

The April PPI marked the 38th straight month of decline, suggesting continued weak market demand. Endi