USEUROPEAFRICAASIA 中文双语Français
Business
Home / Business / Macro

China's producer price up 3.3% in November

Xinhua | Updated: 2016-12-09 09:58

China's producer price up 3.3% in November

BEIJING - China's producer price index (PPI), which measures costs for goods at the factory gate, beat market expectations to reach a five-year high in November, official data showed Friday.

The reading rose 3.3 percent year on year, the highest reading since October 2011, according to the National Bureau of Statistics (NBS).

On a month-to-month basis, it increased 1.5 percent.

Factors including rising prices of coal and steel might lead to continuous rises in PPI, analysts pointed out.

The PPI figures came along with the release of the consumer price index, which rose 2.3 percent year on year in November, and gained 0.1 percent on a monthly basis.

Most Viewed in 24 Hours
BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US