PPI 2015

China's producer price index (PPI), a measure of cost for goods at the factory gate, dropped 5.2 percent year-on-year in 2015, widening from the 1.9-percent slip registered in 2014, according to the National Bureau of Statistics (NBS).

In December alone, the PPI fell 5.9 percent from 2014, marking the 46th straight month of decline. On a monthly basis, the figure was down 0.6 percent.

For the whole of 2015, the purchasing prices for manufactured goods were down by 6.1 percent, according to NBS data.

In December alone, the purchaser price index for manufactured goods decreased 0.7 percent month-on-month, a decrease of 6.8 percent year-on-year.

The year-on-year purchaser price indices for ferrous metal materials decreased 13.6 percent, non-ferrous metal materials and wires fell by 12.0 percent, fuel and power decreased 11.0 percent, and chemical raw materials went down by 7.0 percent.

Notes:

Producer Price Index (PPI) for manufactured goods consists of producer price index and purchaser price index.

The industrial producer price index reflects the trend and level of prices change when the products are sold for the first time.

The industrial purchaser price index reflects the trend and level of prices change for the products purchased by the industrial enterprises as intermediate inputs.