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China's inflation dips to five-year low.

Beijing, Safar 18, 1436, Dec 10, 2014, SPA -- China's consumer inflation was 1.4 per cent year on

year in November, the lowest since 2009, dpa cited the National Bureau of

Statistics as saying Wednesday.

Producer prices, which measure wholesale inflation, fell 2.7 per cent

from a year earlier, the 33rd consecutive month of decline.

The low inflation rate is the latest in a string of data indicating a

downturn in the Chinese economy.

Business sentiment among Chinese purchasing managers dropped to a

six-month low in November, according to survey findings released

December 1.

--SPA

11:01 LOCAL TIME 08:01 GMT

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Publication:Saudi Press Agency (SPA)
Geographic Code:9CHIN
Date:Dec 10, 2014
Words:117
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