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China’s ferrous metals PPI falls 0.4% in January–October

China’s ferrous metals PPI falls 0.4% in January–October

China’s producer price index (PPI) for ferrous metal smelting and rolling fell 0.4% year on year in January–October 2026. The decline was 0.1 percentage point slower than in January–September, according to the National Bureau of Statistics of China.

In October, prices in the sector rose 0.4% from a year earlier, following a 0.2% decline in September. They were unchanged from the previous month, after increasing 0.2% in September.

China’s overall PPI rose 5.7% year on year and 0.7% month on month in October. Industrial producers’ purchase prices increased by 7.9% and 1.1%, respectively.

For the first ten months of 2026, overall PPI was up 2.7% year on year, while industrial purchase prices rose 4%.

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