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China’s producer inflation stays in negative territory for the eighth consecutive month

This followed a 2.4% y/y drop in July and a 2% y/y decline in August
This followed a 2.4% y/y drop in July and a 2% y/y decline in August
This followed a 2.4% y/y drop in July and a 2% y/y decline in August
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19th October 2020

China’s Producer Price Index (PPI) continued to fall y/y for the eighth consecutive month. In September, PPI declined by 2.1% y/y. This followed a 2.4% y/y drop in July and a 2% y/y decline in August.  

This followed a 2.4% y/y drop in July and a 2% y/y decline in August.

According to data released by China’s National Bureau of Statistics, during the first nine months of 2020, PPI on average declined by 2% y/y, signalling continued weakness in industrial demand.  

Further data and analysis on China’s economy is available on the CEIC China Economy in a Snapshot – Q3 2020 report.

 

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19th October 2020 China’s producer inflation stays in negative territory for the eighth consecutive month