In April this year, China's producer price index (PPI) increased by 0.9 percent year on year and was up 0.3 percent month on month, according to data released by China's National Bureau of Statistics (NBS) on May 9. Meanwhile, in April Chinese industrial producers' purchase prices were up 0.4 percent year on year and down 0.1 percent compared to March.
In April this year, the PPI for capital goods increased by 0.9 percent year on year. Specifically, in April the PPI for the domestic raw material industry was stable, while the index for the processing industry rose by 0.9 percent, both year on year.