China's PPI up 1.7% in December 2009 -Shanghai Metals Market

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China's PPI up 1.7% in December 2009

Data Analysis 02:36:54PM Jan 21, 2010 Source:SMM

BEIJING, Jan. 21  -- The producer price index (PPI), a major measure of inflation at the wholesale level, rose 1.7 percent in December from a year earlier, the National Bureau of Statistics (NBS) announced Thursday.

It was the first monthly rise since December 2008. The full year figure was down 5.4 percent, it said.

China's PPI up 1.7% in December 2009

Data Analysis 02:36:54PM Jan 21, 2010 Source:SMM

BEIJING, Jan. 21  -- The producer price index (PPI), a major measure of inflation at the wholesale level, rose 1.7 percent in December from a year earlier, the National Bureau of Statistics (NBS) announced Thursday.

It was the first monthly rise since December 2008. The full year figure was down 5.4 percent, it said.