China's producer price index fell 1.4 percent in January 2026 /detailed version-1/

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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

BEIJING, Feb. 11 (Xinhua) — China's producer prices showed signs of improvement in January 2026, with the decline in the producer price index (PPI) continuing to narrow, official data showed Wednesday.

In China, the PPI, a measure of wholesale producer price changes, fell by 1.4 percent year-on-year in January of this year, according to data released by the National Bureau of Statistics (NBS). The decline was 0.5 percentage points less than the previous month.

On a monthly basis, the PPI increased by 0.4 percent in January, which is 0.2 percentage points higher than the growth rate recorded in December last year.

The country's PPI has risen month-on-month for four consecutive months, said NBS statistician Dong Lijuan, noting that efforts to develop a unified national market have led to higher prices in the cement and photovoltaic equipment industries.

The monthly increase was also driven by stronger demand in some sectors, particularly semiconductor and external memory devices, as well as ceremonial goods and agricultural processing ahead of the Spring Festival (Chinese New Year).

Rising global prices for non-ferrous metals have led to a monthly rise in prices in the relevant sectors of China, Dong Lijuan added.

The data also showed that China's consumer price index (CPI), a key measure of inflation, rose 0.2 percent year-on-year in January. -0-

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