SteelOrbis Shanghai
The producer price index (PPI) for China's industrial products rose 10.1 percent year on year in August, up by 0.1 of a percentage point compared with the increase rate in July. Purchaser prices for raw materials, fuel and power rose 15.3 percent in August, compared with 15.4 percent in July.
The PPI jumped 8.2 percent year on year in the January-August period, an increase of 0.2 of a percentage point compared with the growth rate for the first seven months of 2008. Purchaser prices for raw materials, fuel and power jumped 12.2 percent year on year during the period in question.