18 februari 2008

China: Producers' Price Index (PPI) for Manufactured Goods Kept Jumping in January


National Bureau of Statistics of China 
2008-02-18 13:17:59

In January, Producers’ Price Index (PPI) for manufactured goods up by 6.1 percent from the same month last year; purchasing prices for raw material, fuels and power rose by 8.9 percent.

PPI for means of production increased 6.5 percent over last January. Of the total, PPIs for mining and quarrying industry increased 20.5 percent; that for raw materials industry and manufacturing industry correspondingly up by 8.5 and 3.8 percent; that for means of consumer goods grew 4.6 percent. Of which, price for foodstuff increased 10.4 percent; that of clothing and commodities rose 2.2 and 3.0 percent respectively, while that for durable consumer goods dropped 0.6 percent.