China's PPI Decreased by 1.4 Percent Year on Year

In November of the current year, China's producer price index (PPI) decreased by 1.4 percent year on year and was unchanged month on month, according to data released by China's National Bureau of Statistics (NBS). Meanwhile, in November Chinese industrial producers' purchase prices were down 1.5 percent year on year and were unchanged from the previous month.

In the January-November period, China's PPI was down 2.0 percent and Chinese industrial producers' purchase prices were down 2.1 percent, both on year-on-year basis.

In addition, in November this year, China's consumer price index (CPI) was up 3.0 percent year on year and decreased by 0.1 percent month on month.