China's producer price index fell by 2.1 percent in October. /detailed version-1/

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Source: People's Republic of China – State Council News

BEIJING, November 9 (Xinhua) — China's producer price index (PPI) decline continued to slow in October 2025.

The PPI, a measure of wholesale producer price changes, fell 2.1 percent year-on-year in October, down from 2.3 percent in September, the National Bureau of Statistics (NBS) reported on Sunday. This slowing trend has been observed for three consecutive months.

National Statistical Service statistician Dong Lijuan explained this by regulating the production potential of key industries, intensifying efforts to form a modernized industrial system, and unlocking consumer potential.

In monthly terms, the PPI rose by 0.1 percent in October, marking the first increase since the beginning of 2025.

As Dong Lijuan noted, in October, the improved supply-demand balance led to price increases in some sectors, such as coal mining and beneficiation. Furthermore, the change in global prices affected pricing in some domestic sectors.

Thus, in October, rising global prices for non-ferrous metals led to prices in China's mining and processing industry rising compared to the previous month, while falling global oil prices led to lower prices in the domestic oil and gas sector, the expert said.

China's consumer price index, the main measure of inflation, rose 0.2 percent year-on-year in October, official data showed. -0-

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