Data released by the National Bureau of Statistics shows that in December 2024, the national industrial producer ex-factory prices and purchasing prices both decreased by 2.3% year-on-year, with a decline narrowing by 0.2 percentage points compared to last month; both decreased by 0.1% month-on-month. For the whole year of 2024, the industrial producer ex-factory prices and purchasing prices both decreased by 2.2%, with declines narrowing by 0.8 and 1.4 percentage points respectively compared to the previous year.
国家统计局：2024年12月份PPI同比下降2.3%，降幅比上月收窄0.2个百分点
The National Bureau of Statistics: In December 2024, the PPI decreased by 2.3% year-on-year, and the decline narrowed by 0.2 percentage points compared to last month.
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