Current location:opinions >>
China's PPI down 2.7 pct in February
opinions129People have gathered around
Introduction(Xinhua) 11:29, March 09, 2024Robots work on an assembly line of a factory of a private enterprise i ...
Robots work on an assembly line of a factory of a private enterprise in Zouping City, east China's Shandong Province, Sept. 13, 2023. (Xinhua/Guo Xulei)
BEIJING, March 9 (Xinhua) -- China's producer price index (PPI), which measures costs for goods at the factory gate, went down 2.7 percent year on year in February, the National Bureau of Statistics said Saturday.
The decrease widened from a 2.5-percent decline in January. On a monthly basis, the PPI edged down 0.2 percent, the data showed.
As industrial production slowed down due to the Spring Festival that fell in February this year, the PPI decline widened, said NBS statistician Dong Lijuan.
Demand for steel and cement dropped in February as construction projects halted during the holiday period, sending the prices of the ferrous metal smelting and rolling industry as well as the cement producing industry down 0.4 percent and 1.4 percent month on month respectively.
The PPI of coal mining and washing industry edged down 0.7 percent month on month in February, compared to a 0.1-percent increase in January, due to decreased heating demand as temperatures rose in the country's northern regions.
China's consumer price index (CPI), a main gauge of inflation, edged up 0.7 percent year on year in February, NBS data showed.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Culture Currents news portal”。http://djibouti.allesfuersjagen.com/content-63d099847.html
Related articles
Xi's Overseas Trip Demonstrates China's Commitment to Global Growth, Governance
opinionsContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【opinions】
Read moreXi Jinping: Guarding Tropical Rainforest
opinionsContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【opinions】
Read morePear trees enter full bloom in Anhui, E China
opinionsTourists enjoy flowers at a pear garden in Dangshan County, Suzhou City, east China's Anhui Province ...
【opinions】
Read more
Popular articles
- China's Disciplinary Agency Pledges to Implement Party Congress Principles
- China's air passenger trips to reach 9 million during May Day holiday
- Camping tourism rebounds as pandemic eases and spring comes
- ‘Xinjiang Is a Nice Place' opens for a third year
- Xi Jinping Delivers Speech at Central Rural Work Conference
- Thailand welcomes 1st Chinese tour groups in 3 years
Latest articles
Xi Extends Condolences to Greek President over Deadly Train Collision
Oscar salvages point for Cangzhou against Shenzhen in CSL
Xi Addresses Opening Ceremony of Plenary Session of Second Eurasian Economic Forum
Understanding Xi's Quotes on Conservation of Yellow River
Senior CPC Officials Submit Work Reports to CPC Central Committee, Xi
International pump track park to open in China's Shenyang
LINKS
- Powerful 6.3
- Croatia election: A showdown between president and prime minister
- Xinjiang's progress in the eyes of national legislators, political advisors
- Belgian and Czech leaders exhort the EU to react amid concern over Russian election interference
- Juventus ordered to pay Ronaldo more than $10 million in salary dispute
- Having a stressful job could stave off dementia, according to new analysis
- Arsenal crash OUT of the Champions League after losing to Harry Kane's Bayern Munich in the quarter
- Google announces another round of layoffs as part of 'large scale' restructuring
- Belgian and Czech leaders exhort the EU to react amid concern over Russian election interference
- DAILY MAIL COMMENT: Can PM climb this electoral mountain?