China's factory inflation hits 26-year high as power crunch bites - NewsBreak

BEIJING, Nov 10 (Reuters) - China's factory gate inflation hit a 26-year high in October as coal prices soared amid a power crunch in the country's industrial heartland, further squeezing profit margins for producers and heightening stagflation concerns. The producer price index (PPI) climbed 13.5% from a year earlier, faster...