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Economics & Trade

PPI index up 5.3%

China's producer price index rose 5.3% in August from a year earlier and 5.5% during the first eight months of the year, the Wall Street Journal reported. The actual results could point to an imminent rise in inflation since the index shows price increases which could be passed on from producers to consumers. Raw materials and fuel rose 8.1% from August 2004 to August 2005.

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