China's Producer Prices Rose for First Time in Eight Months in January(Yicai Global) Feb. 10 -- China's factory gate prices, a key indicator of corporate profitability, rose last month for the first time since June.
Producer prices were up 0.1 percent from a year earlier, according to data from the National Bureau of Statistics. Prices had been growing slower since April and starting shrinking in July, falling 0.5 percent in December.
Chief economists surveyed by Yicai Global had predicted producer prices would fall by 0.03 percent on average.
