China's PPI up 8 pct in April

2022-05-11 09:51:23Xinhua Editor : Li Yan ECNS App Download

China's producer price index (PPI), which measures costs for goods at the factory gate, went up 8 percent year on year in April, the National Bureau of Statistics (NBS) said Wednesday.

The figure moderated from the 8.3 percent year-on-year increase registered in March this year. On a monthly basis, China's PPI gained 0.6 percent in April, compared with the 1.1 percent increase in March.

Despite high international commodity prices, both the monthly and year-on-year growth rates of PPI slowed down thanks to the resolute implementation of policies of ensuring supply and price stability by all regions and government departments, according to senior NBS statistician Dong Lijuan.

Wednesday's data also showed that China's consumer price index, a main gauge of inflation, rose 2.1 percent year on year in April.


Most popular in 24h

MoreTop news


Back to top About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2022 All rights reserved.
Reproduction in whole or in part without permission is prohibited.
[网上传播视听节目许可证(0106168)] [京ICP证040655号]
[京公网安备 11010202009201号] [京ICP备05004340号-1]