China Producer Price Index (PPI) YoY

CNY
Actual
-2.6%
Forecast
-2.7%
Previous
-2.5%
Latest Release
Nov 09, 2023
Importance
Overview
The Producer Price Index (PPI) measures a change in input prices of raw, semi-finished or finished goods and services. If input costs rise, some will be absorbed by the producer and some passed on to the consumer. Conversely, if input costs fall, some of the decline will be enjoyed as wider profit margins by the producer and some will be passed on to the consumer in the form of lower prices. Because PPI impacts consumer prices, it is watched by central bankers as part of fulfilling their mandate of price stability.

A reading that is stronger than forecast is generally supportive (bullish) for the CNY, while a weaker than forecast reading is generally negative (bearish) for the CNY.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Nov 09, 2023 (Oct) 07:00 -2.6% -2.7%
-2.5%
Oct 13, 2023 (Sep) 07:00 -2.5% -2.4%
-3.0%
Sep 09, 2023 (Aug) 07:00 -3.0% -3.0%
-4.4%
Aug 09, 2023 (Jul) 07:00 -4.4% -4.1%
-5.4%
Jul 10, 2023 (Jun) 07:00 -5.4% -5.0%
-4.6%
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