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BIZCHINA / |
China's October PPI up 3.2%(Agencies)
Updated: 2007-11-12 16:37 The October Producer Price Index (PPI) for China rose 3.2 percent over the previous year, according to a report issued Monday by the National Bureau of Statistics. For the period January to October 2007, the PPI was up 2.8 percent over the corresponding period a year ago. The figure represents an increase of 0.1 percent over both the September 2007 figure and the 2006 year to September. According to the bureau, procurement prices for raw materials, fuel and power increased 4.5 percent in October, while prices for production materials increased 3.1 percent, and mining and exploration costs rose 5.4 percent. For the year through October, procurement prices for raw materials, fuel and power increased 3.9 percent. |
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