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China's September PPI slumps 3.6%

Updated: 2012-10-15 10:05
( Xinhua)

China's September PPI slumps 3.6%

BEIJING -- China's producer price index, which measures inflation at the wholesale level, dropped 3.6 percent year on year in September, compared with a 3.5 percent decline in August, the National Bureau of Statistics said Monday.

The figure compares with a 3.5 percent decline in August and marks the seventh straight month of decline. China's PPI dropped in March for the first time since December 2009.

On a month-on-month basis, the PPI moved down 0.1 percent in September, according to the NBS. 

 

 
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