PPI
The Producer Price Index dropped 1.8 percent year-on-year. It is the 31 consecutive month for the index to decline, matching a streak from 1997 to 1999, when a financial crisis roiled Asia. Economists noted that the drop in the PPI was even larger than in the previous two months.
The month-on-month contraction for the PPI in September was 0.4 percent, indicating that the cooling of demand in the industrial sector accelerated.
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