In May this year, China's producer price index (PPI) increased by 0.6 percent year on year and rose by 0.2 percent month on month, according to data released by China's National Bureau of Statistics (NBS) on June 12. Meanwhile, in May Chinese industrial producers' purchase prices were up 0.2 percent year on year and remained stable compared to April.
In May this year, the PPI for capital goods increased by 0.6 percent year on year. Specifically, in May the PPI for the domestic raw material industry was down 0.6 percent, while the index for the processing industry rose by 0.5 percent, both year on year.