China's steel industry PPI declines by 15.1 percent in August

2022-09-10 02:08:41 By : Ms. Wendy Wang

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China's overall producer price index (PPI) rose by 2.3 percent year on year in August, while it declined by 1.2 percent month on month. Meanwhile, in August Chinese industrial producers' purchase prices rose by 4.2 percent year on year and were down 1.4 percent compared to July.

In the first eight months this year, China's overall producer price index (PPI) increased by 6.6 percent year on year, while the industrial producers’ purchase prices rose by 9.1 percent year on year.