In November of this year, the producer price index (PPI) in the ferrous metals smelting and rolling sector in China decreased by 5.2 percent year-on-year, 0.7 percentage points faster than the rate of decline recorded in October, although it decreased by 0.5 percent month-on-month, according to data released by the National Bureau of Statistics. China (NBS). In the period from January to November of this year, China's consumer price index for the ferrous metals smelting and rolling sector decreased by 7.9 percent year-on-year.
China's overall producer price index fell 2.2 percent year-on-year in November, while it rose 0.1 percent month-on-month. Also in November, the purchase prices of Chinese industrial producers decreased by 2.5 percent year-on-year and increased by 0.1 percent compared to October this year.
In the period from January to November of this year, the overall producer price index in China decreased by 2.7 percent year-on-year, while the purchase prices of Chinese industrial producers decreased by 3.1 percent year-on-year.
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