Member ID:
Stay logged in for 30 days
Forget Your Password?

login CCFGroup App

Economy | Time: May 10 2019 9:29AM
China's producer prices up 0.9% in April
Text size
BEIJING - China's producer price index (PPI), which measures costs for goods at the factory gate, rose 0.9 percent year-on-year in April, the National Bureau of Statistics said Thursday.

The pace beat market expectations and picked up for two consecutive months, expanding from 0.4 percent in March and 0.1 percent in February.

On a monthly basis, producer prices went up 0.3 percent in April, faster than the 0.1 percent increase recorded in March.

In the first four months, the index climbed 0.3 percent from the same period a year earlier.

Factory prices of production materials grew 0.9 percent year-on-year in April, up 0.6 percentage points from a month earlier.

In breakdown, excavation prices continued its upward trend, which rose 5.3 percent year-on-year, faster than the 4.2 percent growth in March. Growth of processing prices also quickened, up 0.9 percent year-on-year, while raw material prices stopped falling in previous months and remained flat in April.

Consumer goods prices also grew faster, with a 0.9 percent increase year-on-year in April.

Source: China daily
Related Articles
China's outbound investment second only to Japan in 2018
China's retail sales up 7.5% in August
Consumer inflation rises by 2.8 percent in August
Retail Imports Surging Again Ahead Of More Tariffs
Caixin services PMI rises to 3-month high
Changing patterns of retail consumption
China Development Bank steps up financing support for small firms
China imposes duties on phenol imports
New pilot FTZs to inject vitality in Chinese border provinces
Caixin PMI for August increases to five-month high
Longitudinal data change of MEG under expansion cycle and ...
PTA: H1 2019 market review and H2 market forecast
Brief analysis on the annual report of listed companies in ...
Polyester market in 2019: H1 2019 market review and H2 ...
Operation of China's textile and clothing companies in 2018
Rayon yarn market change on vortex-spun yarn operation