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NBS: Oct PPI down 1.6% year on year

2019-11-11 www.cofeed.com
In Oct 2019, the Producer Price Index (PPI) for manufactured goods decreased by 1.6% year on year but increased by 0.1% month on month. The Purchasing Price Index for manufactured goods down by 2.1% year on year but up by 0.2% month on month. On an average from January to October, the PPI for manufactured goods fell 0.2% from a year earlier, while that of the purchasing price index for manufactured goods fell 0.5%.


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)