NBS: Nov PPI down 1.4% year on year
In November 2019, Producer Price Index (PPI) for manufactured goods decreased by 1.4% year-on-year and by 0.1% month-on-month. The purchaser price index for manufactured goods decreased by 2.2% year-on-year and by 0.1% month-on-month. In the first eleven months, on average, the PPI for manufactured goods declined by 0.3% year on year, and that of the purchasing price index for manufactured goods decreased by 0.7%.
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)