In the January-November period this year, China's producer price index (PPI) for its ferrous metal smelting and rolling sector decreased by 6.2 percent year on year, according to the data released by China's National Bureau of Statistics (NBS). In November alone, China's producer price index (PPI) for its ferrous metal smelting and rolling sector decreased by 8.2 percent year on year, while increasing by 0.2 percent month on month.
China's overall producer price index (PPI) decreased by 2.5 percent year on year in November, while it edged up by 0.1 percent month on month. Also in November, Chinese industrial producers' purchase prices declined by 2.5 percent year on year and decreased by 0.1 percent compared to October.
In the January-November period this year, China's overall PPI declined by 2.1 percent year on year, while Chinese industrial producers' purchase prices also decreased, by 2.2 percent year on year.