According to data from the National Bureau of Statistics, in October, the ex-factory prices of industrial producers nationwide decreased by 2.9% year-on-year, and the purchase prices of industrial producers decreased by 2.7% year-on-year. The ex-factory prices of industrial producers decreased by 0.1% month-on-month, and the purchase prices of industrial producers decreased by 0.3% month-on-month, with both declines narrowing by 0.5 percentage points compared to the previous month. From January to October, the average ex-factory prices and purchase prices of industrial producers both decreased by 2.1% compared to the same period last year.
中国10月份PPI同比下降2.9%
In October, China's PPI fell by 2.9% year-on-year.
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