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DE | Anytime | Flash | China’s September PPI Tallied Highest Since 1995 – 10/13/2021
China’sProducer Prices continued to expand gains in September on elevated commodity prices, surging 10.7% YoY after growing 9.5% in August, tallying the highest growth since November 1995.
Consumer Pricesmoderated to rise 0.7% YoY after increasing 0.8% in August. Declines in Food prices remained leading factors, among which pork prices slumped the most (-46.9% YoY). The Core CPI (excluding Food and Energy) grew 1.2% YoY for the second month.