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A metric that tracks the average change in selling prices received by domestic producers for their output.
It measures price movements from the seller's viewpoint rather than the buyer's. When producer costs rise, companies often pass those expenses down to retail consumers over time.
China's producer prices expanded at their quickest pace since mid-2022, but consumer inflation dropped to 0.7% amid soft domestic demand.
Upcoming earnings from cloud and infrastructure providers will test investor confidence following a turbulent week of market sell-offs.