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China's PPI up 13.5% in October
Updated: November 10, 2021 09:55 Xinhua

BEIJING — China's producer price index (PPI), which measures costs for goods at the factory gate, went up 13.5 percent year-on-year in October, data from the National Bureau of Statistics showed on Nov 10.

The figure went up from the 10.7 percent year-on-year increase registered in September.

The faster expansion of PPI last month was due to international factors as well as the tight domestic supply of key energy and raw materials, said senior NBS statistician Dong Lijuan.

On a monthly basis, China's PPI rose 2.5 percent in October.

Nov 10's data also showed that China's consumer price index (CPI), a main gauge of inflation, rose 1.5 percent year-on-year in October.

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