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China’s inflation: why was official database updated with more historical data?

Summary:
[unable to retrieve full-text content]Historically, when it comes to statistics, China’s record is not great. It has been criticised for altering statistics, even by internal economists, and there have been reports of cases in which local officials have altered economic figures in the interest of political gains.So, why has China added almost four years of figures to its producer price index (PPI) database?In the middle of October, official data released showed China’s producer price index (PPI) rose by 10.7 per cent in September…

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[unable to retrieve full-text content]
Historically, when it comes to statistics, China’s record is not great. It has been criticised for altering statistics, even by internal economists, and there have been reports of cases in which local officials have altered economic figures in the interest of political gains.So, why has China added almost four years of figures to its producer price index (PPI) database?In the middle of October, official data released showed China’s producer price index (PPI) rose by 10.7 per cent in September…

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