Trade Resources Economy China's PPI Fell 1.6% Year on Year But Rose 0.1% Month on Month in Aug

China's PPI Fell 1.6% Year on Year But Rose 0.1% Month on Month in Aug

Tags: PPI, China

China's PPI fell 1.6% year on year but rose 0.1% month on month in Aug., said the National Bureau of Statistics (NBS) in a report today.

The purchase price index for industrial products narrowed 1.6% year on year but widened 0.1% month on month in Aug. On average, the PPI sank 2.2% year on year and the purchase price index for industrial products dwindled 2.3% in the first eight months of this year.

Source: http://www.sinocast.com/readbeatarticle.do?id=99223
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China's PPI Aug Up 0.1% MOM
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