China's factory prices rise 0.9% in September

Xinhua
China's producer price index (PPI), which measures costs for goods at the factory gate, went up 0.9 percent year on year in September.
Xinhua

China's producer price index (PPI), which measures costs for goods at the factory gate, went up 0.9 percent year on year in September, the National Bureau of Statistics said on Friday.

The figure moderated from the 2.3 percent year-on-year increase registered in August. On a monthly basis, China's PPI fell 0.1 percent in September.

Due to price declines of bulk commodities, including international crude oil, the prices of industrial products fell on the whole last month, said senior NBS statistician Dong Lijuan.

Friday's data also showed that China's consumer price index, a main gauge of inflation, rose 2.8 percent year on year in September.


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