The PPI, which measures costs for goods at the factory gate, went down 2.1 percent year on year in October, the National Bureau of Statistics (NBS) said, noting that the decline narrowed by 0.2 percentage points from the previous month -- marking the third consecutive month of narrowing.
On a monthly basis, the PPI went up 0.1 percent, representing the first rise this year, the data revealed.
Powered by Commodity Insights