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Economy

Prices of most production goods rise in China

September 23, 2019


Abstract : China's official data showed that most production goods monitored by the government posted higher prices in the first 10 days of September compared with the last 10 days in August.

BEIJING, Sept. 21 (Xinhua) -- China's official data showed that most production goods monitored by the government posted higher prices in the first 10 days of September compared with the last 10 days in August.

Of the 50 major goods monitored by the government, including  seamless steel tubes, gasoline, coal, fertilizer and some chemicals, 28 goods saw their prices rise during the period, with 13 posting lower prices and nine seeing their prices unchanged, according to the National Bureau of Statistics (NBS).

Prices of live pigs, gasoline and part of the chemicals led the rise during the period, showed the NBS data.

The reading, released every 10 days, is based on a survey of nearly 1,700 wholesalers and distributors in 24 provinces and regions.

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Keyword: China-economy production

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