In August, China's PPI fell 1.8% YoY due to weak demand and lower commodity prices, while CPI rose 0.6% YoY.

In August, China's Producer Price Index (PPI) fell by 1.8% year-on-year, a sharper decline than July's 0.8% drop, driven by weak market demand and lower international commodity prices. Monthly, the PPI decreased by 0.7%, compared to a 0.2% decline in July. Conversely, the Consumer Price Index (CPI) rose by 0.6% year-on-year, indicating some inflationary pressure amid ongoing economic challenges.

September 09, 2024
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