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Chinese inflation spikes at plants and cools in shops

China's producer inflation accelerated to its fastest pace in nearly four-and-a-half years while consumer inflation cooled in October, data showed on Monday, reflecting persistent cost pressures from…

  • Producer inflation spikes to 5.7% YoY in October, surpassing forecasts
  • Consumer inflation cools to 0.7% YoY, below expected 0.8% rise
  • High oil prices drive up energy-intensive industries' costs

Asian Markets Trade Mostly Higher

(RTTNews) - Asian stock markets are trading mostly higher on Monday, following the mixed cues from Wall Street on Friday, boosted by strong gains in Taiwan, Japan and South Korea amid a rebound in…

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