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China Sourcing Update: Major Price Indicators (Jan 2019)

1. CPI growth decelerates in January

The year-on-year growth rate of China’s consumer price index (CPI) decelerated to 1.7% in January from 1.9% in December.

2. Ex-factory prices of industrial products fall in January

The year-on-year growth in China’s producer price index of industrial products (PPI) fell from 0.9% in December to 0.1% in January.

3. Domestic prices of production inputs go down in January

The year-on-year growth rate of the purchaser price index of industrial products fell from 1.6% in December to 0.2% in January. On a month-on-month basis, the purchaser price index dropped by 0.9% in January, falling for two consecutive months.

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Content provided by Fung Business Intelligence
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