China's PPI down 2 pct in August

2020-09-09 02:33:26 GMT2020-09-09 10:33:26(Beijing Time) Xinhua English

BEIJING, Sept. 9 (Xinhua) -- China's producer price index (PPI), which measures costs for goods at the factory gate, fell 2 percent year on year in August, the National Bureau of Statistics said Wednesday.

The reading narrowed from the 2.4-percent drop in July. 

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