November 20, 2008

PPI in H1 2008 up by 7.6% YoY

China National Bureau of Statistics said the producer price index for China's industrial products during H1 2008 up by 7.6%YoY.

The Bureau said the growth of PPI, which measures the value of finished products when they leave the factory, is up by 4.8% YoY.

The PPI in June up by 8.8% MoM as compared with 8.2% in May.