China's PPI down 0.5 pct in December

Source: Xinhua| 2020-01-09 10:07:37|Editor: huaxia

A staff member works at an engineering machinery company in Kaiping District of Tangshan, north China's Hebei Province, Nov. 17, 2019. (Xinhua/Yang Shiyao)

BEIJING, Jan. 9 (Xinhua) -- China's producer price index (PPI), which measures costs for goods at the factory gate, dropped 0.5 percent year on year in December, the National Bureau of Statistics said Thursday.

The reading shrank from the 1.4-percent decline in November, the NBS data showed.

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