News Snapshot:
China factory gate prices rise by most in nearly 3 years as economic recovery quickens * March PPI +4.4% y/y vs +3.5% forecast in Reuters poll * March CPI +0.4% y/y vs +0.3% forecast in Reuters poll (Adds analyst comment) BEIJING, April 9 (Reuters) - China's factory gate prices beat analyst expectations to rise at their fastest annual pace since July 2018 in March in the latest sign that a recovery in the world's second-largest economy is gathering momentum. China's producer price index (PPI) rose 4.4% in annual terms, the National Bureau of Statistics (NBS) said in a statement, far...
