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China's PPI falls 7.9% in August
(Xinhua)
Updated: 2009-09-11 10:27

Special Coverage:
China Biz & Economic Statistics
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China's producer price index (PPI), a major measurement of inflation at the wholesale level, fell 7.9 percent from a year earlier in August, the National Bureau of Statistics announced Friday.

The rate of decline was 0.3 percentage points lower than that in July. In August 2008, the PPI rose 10.1 percent over the same month in 2007.

From January to August, the PPI dipped 6.4 percent compared with the same period last year. The rate of decline was 0.2 percentage points faster than in the first seven months.
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