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NBS: Sept PPI down by 1.2% year on year

2019-10-15 www.cofeed.com
In September 2019, Producer Price Index (PPI) for manufactured goods decreased by 1.2% year-on-year and increased by 0.1% month-on-month. The purchasing price index for manufactured goods decreased by 1.7% and increased by 0.2% month-on-month. On average from January to September, the PPI for manufactured goods is unchanged with the same period of 2018, while that of the purchasing price index for manufactured goods decreased by 0.3%. (source: National Bureau of Statistics)



Fig. 1: Producer Price Index (blue: year on year; yellow: month on month)



Fig. 2: Purchasing Price Index (blue: year on year; yellow: month on month)