xinhua silk road logo xinhua silk road logo
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

maritime silk road search
Macro-economy

China's producer prices up 0.3 pct in H1

July 10, 2019


Abstract : China's producer price index, which measures costs for goods at the factory gate, rose 0.3 percent year on year in the first half of 2019, the National Bureau of Statistics (NBS) said Wednesday.

BEIJING, July 10 (Xinhua) -- China's producer price index, which measures costs for goods at the factory gate, rose 0.3 percent year on year in the first half of 2019, the National Bureau of Statistics (NBS) said Wednesday.

In June, the index was flat with the same period last year, according to the NBS.

On a monthly basis, producer prices went down 0.3 percent in June, compared with the 0.2-percent growth in May.

Factory prices of production materials dropped 0.3 percent year on year in June, compared with the 0.6-percent growth in May.

Consumer goods prices gained 0.9 percent year on year in June, flat with the growth in May.

Among major industries, ferrous metals mining and dressing saw price rise in June, jumping 18.5 percent from the previous year, according to the NBS.

The oil and natural gas extraction reported a price drop of 1.8 percent year on year.

A total of 18 sectors among 40 surveyed industries saw price hikes month on month, while 17 reported price drops and 5 witnessed unchanged prices.

Wednesday's data also showed China's consumer price index (CPI), a main gauge of inflation, rose 2.7 percent year on year in June, unchanged from the expansion in May.

Scan the QR code and push it to your mobile phone

Keyword: producer-price-index NBS PPI

Reading:

Inner Mongolia contributes 40 percent of world's cashmere output

Former central bank official says keeping yuan stable "crucial"

China's Western Securities profit up 75 to 93 pct in 1H

China Focus: China's forex reserves expand with increased opening-up efforts

Iron ore prices in China have no grounds for sustainable surge, report

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial