Today is 11/07/2024

NBS: Feb PPI up 1.7% y/y and 0.8% m/m

2021-03-10 www.cofeed.com

In February 2021, Producer Price Index (PPI) for manufactured goods rose by 1.7% year-on-year and 0.8% month-on-month, according to National Bureau of Statistics. And the purchasing price index for manufactured goods increased by 2.4% year-on-year and 1.2% month-on-month. On an average from January-February, the PPI grew 1.0% from a year earlier, and the purchasing price index rose by 1.6% from the previous year,

Fig. 1. Producer Price Index

 

Fig. 2. Purchaser Price Index