A worker checks the carbon fiber production line in a factory in Lianyungang, Jiangsu province on June 15, 2022. (PHOTO / VCG)

BEIJING – China's producer price index, which measures costs for goods at the factory gate, went down 1.3 percent year-on-year in November, the National Bureau of Statistics said Friday.

The decrease was flat with that registered in October. On a monthly basis, China's PPI gained 0.1 percent in November, moderating from the 0.2-percent increase in October.

Due to a high comparison base in the same period last year, the PPI continued a year-on-year decline in November, while rising coal, oil and non-ferrous metal prices have led to the monthly PPI increase last month, according to senior NBS statistician Dong Lijuan.

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Customers pick commodities at a supermarket in Taiyuan, Shanxi province, on Oct 14, 2022. (PHOTO / VCG)

Food prices reversed the 0.1-percent gain in October to fall 0.8 percent month-on-month, lowering the monthly consumer inflation by about 0.14 percentage points, according to NBS data

NBS data also showed the consumer price index, a main gauge of inflation, rose 1.6 percent year-on-year in November.

On a monthly basis, the CPI edged down 0.2 percent, affected by domestic COVID-19 outbreaks and seasonality, noted Dong.

Food prices reversed the 0.1-percent gain in October to fall 0.8 percent month-on-month, lowering the monthly consumer inflation by about 0.14 percentage points, according to the data.

Specifically, the price of pork, a staple meat in China, edged down 0.7 percent in November from the previous month. Authorities have been releasing pork from the central reserves in recent months and hog production kept rising, Dong said.

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However, pork prices still hiked 34.4 percent year-on-year, narrowing by 17.4 percentage points from the previous month.

Non-food prices rose 1.1 percent from a year earlier, unchanged from October. The prices of gasoline, diesel, and liquified petroleum gas went up by 11.4 percent, 12.3 percent, and 4.6 percent year-on-year, respectively.