China’s Producer Price Index deflation narrowed
According to data released by China’s National Bureau of Statistics, as of November 2020
China’s Producer Price Index (PPI) continued to fall y/y for the tenth consecutive month. In November, PPI declined by 1.5% y/y. This was 0.6 pp less than that of October, signaling improved industrial demand.
According to data released by China’s National Bureau of Statistics, as of November 2020, China’s PPI declined by 2% y/y on average.
Further data and analysis on China’s economy is available on the CEIC China Economy in a Snapshot – Q4 2020 report.