China's Producer Price Index Down 2.9% In August

China's producer price index down 2.9% in August

ISLAMABAD, (APP - UrduPoint / Pakistan Point News - 10th Sep, 2025) China's producer price index (PPI), which measures costs for goods at the factory gate, went down 2.9% year-on-year in August, the National Bureau of Statistics (NBS) said Wednesday.

The decline narrowed by 0.

7% from the previous month, marking the first such narrowing since March this year and suggesting an improvement in industrial demand amid government efforts to bolster economic growth.

On a monthly basis, the PPI broke its downward trend to hold steady in August after a 0.2% decrease in July.

For the first eight months of the year, the PPI was down 2.9% compared to the same period in 2024.

Meanwhile, China's consumer price index, a main gauge of inflation, was down 0.4% year-on-year in August, according to the NBS.