China's PPI rise by 3.1 percent in March

Wednesday, 11 April 2018 10:24:29 (GMT+3)   |   Shanghai
       

In March this year, China's producer price index (PPI) increased by 3.1 percent year on year and was down 0.2 percent month on month, according to data released by China's National Bureau of Statistics (NBS) on April 11. Meanwhile, in February Chinese industrial producers' purchase prices were up 3.7 percent year on year and declined by 0.3 percent compared to February.

As for the average price index in the January-March period this year, China's producer price index (PPI) increased by 3.7 percent year on year, while Chinese industrial producers' purchase prices were up 4.4 percent year on year.

In March this year, the PPI for capital goods increased by 4.1 percent year on year. Specifically, in March the PPI for the domestic raw material industry was up 5.1 percent, while the index for the processing industry rose by 3.7 percent, both year on year.


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