China's factory inflation hits six-month low on government curbs

The world's second-biggest economy faces multiple headwinds, weighed down by persistent weakness in the property sector and strict anti-coronavirus measures

 China's factory-gate inflation cooled to its slowest pace in six months in January, official data showed on Wednesday, as government measures to control surging raw material costs weighed on producer prices.

The producer price index (PPI) increased 9.1% from a year ago, the data showed, slower than the 9.5% growth tipped by a Reuters poll and a 10.3% gain in December, the National Bureau of Statistics (NBS) said in a statement. It was the weakest pace since July.

Consumer price inflation also slowed year-on-year in January, the data showed.

The world's second-biggest economy faces multiple headwinds, weighed down by persistent weakness in the