HEADLINE China's PPI up 3.4 pct in April

HEADLINE

China's PPI up 3.4 pct in April

Xinhua

11:28, May 10, 2018

China's producer price index (PPI), which measures costs for goods at the factory gate, rose 3.4 percent year on year in April, the National Bureau of Statistics said Thursday.

(File photo)

It was up from a growth of 3.1 percent recorded in March, driven by growth in factory prices in mining industry and raw material sector.

In the first four months, PPI rose by 3.6 percent year on year, easing from 3.7-percent growth in the first quarter.  

On a month on month basis, PPI declined 0.2 percent, according to the bureau.

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