A worker works at an intelligent production base of the Great Wall Motors (GWM) in Yongchuan district of Chongqing, southwest China, Sept 22, 2022. (WANG QUANCHAO / XINHUA)
BEIJING – China's producer price index (PPI), which measures costs for goods at the factory gate, went up 0.9 percent year-on-year in September, the National Bureau of Statistics (NBS) said Friday.
Due to price declines of bulk commodities, including international crude oil, the prices of industrial products fell on the whole last month, said senior NBS statistician Dong Lijuan
The figure moderated from the 2.3 percent year-on-year increase registered in August. On a monthly basis, China's PPI fell 0.1 percent in September.
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Due to price declines of bulk commodities, including international crude oil, the prices of industrial products fell on the whole last month, said senior NBS statistician Dong Lijuan.
Friday's data also showed that China's consumer price index, a main gauge of inflation, rose 2.8 percent year-on-year in September.
READ MORE: China's consumer prices up 2.5% in August