NBS: China PPI to Rise in H2 2023

Fu Linghui, spokesman of the National Bureau of Statistics, said that from the perspective of the next stage, the impact of international imports will continue, domestic market demand is still recovering, and the short-term decline in the prices of some industrial products will continue.

However, as the domestic economy recovers and market demand picks up, it is generally judged that PPI is expected to gradually pick up in the second half of the year.

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