In October this year, China's producer price index (PPI) increased by 1.2 percent year on year and was up 0.7 percent month on month, according to data released by China's National Bureau of Statistics (NBS) on November 9. Meanwhile, in October Chinese industrial producers' purchase prices were up 0.9 percent year on year and increased by 0.9 percent compared to September.
As for the average price index in the January-October period of the current year, China's producer price index (PPI) decreased by 2.5 percent year on year, while Chinese industrial producers' purchase prices were down 3.3 percent year on year.
In October this year, the PPI for capital goods increased by 1.6 percent year on year. Specifically, in October the PPI for the domestic raw material industry was up 1.9 percent, while the index for the processing industry rose by 0.9 percent, both year on year.