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NBS: Dec PPI down 0.5% year on year

2020-01-13 www.cofeed.com
In December 2019, Producer Price Index (PPI) for manufactured goods decreased by 0.5% year-on-year and remain flat from the previous month. The purchaser price index for manufactured goods decreased by 1.3% year-on-year and remain flat from the previous month. In the year of 2019, the PPI for manufactured goods declined by 0.3% from 2018, 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)