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Bangkok Post
Bangkok Post
Business

China's PPI down 1.4% in February

Robots conduct welding work at the workshop of an automobile manufacturing factory in Qingdao, east China's Shandong Province, Jan. 14, 2023. (Photo by Zhang Jingang/Xinhua)

BEIJING: China's producer price index (PPI), which measures costs for goods at the factory gate, went down 1.4% year on year in February, the National Bureau of Statistics (NBS) said Thursday.

The decrease expanded by 0.6 percentage points from that registered in January. On a monthly basis, China's PPI remained flat in February, according to the bureau.

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