BEIJING, 11th May, 2025 (WAM) -- China's producer price index (PPI), which measures costs for goods at the factory gate, went down 2.7% year-on-year in April, the National Bureau of Statistics (NBS) said.
In April, the purchasing price of industrial products dropped by 2.7% year-on-year, the NBS data showed.
NBS statistician Dong Lijuan attributed the decline primarily to imported international factors and seasonal decrease in prices of certain energy products.
On a monthly basis, the PPI edged down 0.4% in April, according to the NBS data, carried by Xinhua.
For the January-April period, the PPI fell by an average of 2.4% compared with the same period last year.