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NBS: Mar PPI up 4.4% y/y and 1.6% m/m

2021-04-09 www.cofeed.com

In March 2021, China’s Producer Price Index (PPI) for manufactured goods rose by 4.4% year-on-year and 1.6% month-on-month, according to National Bureau of Statistics. And the purchasing price index for manufactured goods increased by 5.2% year-on-year and 1.8% month-on-month. In the first quarter, the PPI grew 2.1% compared to a year earlier, and the purchasing price index rose by 2.8% from the previous year.

 

说明: http://www.stats.gov.cn/tjsj/zxfb/202104/W020210409334987767649_r75.png

Fig. 1. Producer Price Index

说明: http://www.stats.gov.cn/tjsj/zxfb/202104/W020210409334987760800_r75.png

Fig. 2. Purchaser Price Index