China’s factory-gate inflation slowed for the fourth month in October amid cooling domestic demand for raw materials and ebbing manufacturing activity, underscoring rising economic pressure in the face of simmering trade frictions with the United States. The consumer price index (CPI), meanwhile, remained steady in October from the previous month with food prices stable, official data from National Bureau of Statistics (NBS) showed on Friday. The producer price index (PPI), a measure of the prices businesses receive for their goods and services, rose 3.3 percent in October from a year earlier, easing from 3.6 percent ... (full story)