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China's producer price index rose 5.7% year-on-year in October, accelerating from 5% in September and reaching its highest level in more than four years, the Wall Street Journal writes. The growth of the index is due to high energy prices. At the same time, consumer inflation in the country slowed to 0.7% due to weak domestic demand and the drop in food prices.

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China's producer price index rose 5.7% year-on-year in October, accelerating from 5% in September and reaching its highest level in more than four years, the Wall Street Journal writes. The growth of the index is due to high energy prices. At the same time, consumer inflation in the country slowed to 0.7% due to weak domestic demand and the drop in food prices.

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