In November this year, China's producer price index (PPI) increased by 5.8 percent year on year and was up 0.5 percent month on month, according to data released by China's National Bureau of Statistics (NBS) on December 9. Meanwhile, in November Chinese industrial producers' purchase prices were up 7.1 percent year on year and rose by 0.6 percent compared to October.
As for the average price index in the January-November period this year, China's producer price index (PPI) increased by 6.4 percent year on year, while Chinese industrial producers' purchase prices were up 8.3 percent year on year.
In November this year, the PPI for capital goods increased by 7.5 percent year on year. Specifically, in November the PPI for the domestic raw material industry was up 9.7 percent, while the index for the processing industry rose by 6.3 percent, both year on year.