Producer prices rise 6.1% in January
19 February 2008
China's producer prices rose 6.1% in January from the previous year, the Wall Street Journal reported, citing data issued by the National Bureau of Statistics released on Monday. The figure was up from 5.4% in December and was the highest recorded since December 2004. January marked the sixth consecutive month in which producer price inflation was driven by increases in raw material and energy prices. Actual foreign direct investment more than doubled in January to US$11.2 billion from US$5.2 billion a year ago, according to data from the Ministry of Commerce.
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