China Lithium Market Dynamics & Lithium Procurement Study

China Lithium Market Dynamics and Lithium Procurement Study

Battery Recycling Technology Understanding

Solid State Battery Market

   China Scrap Steel Quality Analysis 

China Scrap Steel Cost Curve

Home

Metal News

China's August CPI Falls 1.2%, PPI Falls 7.9%

2024 SMM (19th) Aluminium Conference & the First Aluminium Industry Expo

CLNB 2024 9TH CHINA NEW ENERGY EXPO

Indonesia Nickel & Cobalt & EV Industry Conference 2024

ASEAN Tin Industry Conference 2024

ASEAN Coal Industry Conference 2024

ASEAN Aluminium Industry Conference 2024

2024 ASEAN Automotive Supply Chain

2024 Global Renewable Metal Industry Chain Summit

2nd Li-ion Battery Europe 2024

NET ZERO EUROPE - Solar & Energy Storage Summit

China Has 20-30 pct Surplus Aluminium Capacity -Chalco

BEIJING, Sept. 11 -- China's consumer price index (CPI), a major gauge of inflation, dipped 1.2 percent in August from a year earlier, the National Bureau of Statistics (NBS) said Friday.
&nbsp;&nbsp;&nbsp; The rate of decline was 0.6 percentage points lower than that in July. In August 2008, the CPI rose 4.9 percent over the same month in 2007.
&nbsp;&nbsp;&nbsp; This marked the seventh consecutive month of decline since the index dropped 1.6 percent in February, the first fall since October 2002.
&nbsp;&nbsp;&nbsp; In the first eight months, the CPI was down 1.2 percent from the same period last year, and the rate of decline the same as that in the first seven months period.
&nbsp;&nbsp;&nbsp; The CPI in urban and rural areas respectively dropped 1.3 percent and 1.0 percent in August from the same month last year.
&nbsp;&nbsp;&nbsp; The producer price index (PPI), a major measurement of inflation in wholesaling, in August fell 7.9 percent from a year earlier.
&nbsp;&nbsp;&nbsp; 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.
&nbsp;&nbsp;&nbsp; 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.
&nbsp;&nbsp;&nbsp; NBS spokesman Li Xiaochao said the August CPI and PPI figures reflected the growth of society's demand for industrial material and commodities.
&nbsp;&nbsp;&nbsp; &quot;There are no inflation worries, because the figures are still on the decline compared with the figures for the same month last year,&quot; Li said.
&nbsp;&nbsp;&nbsp; (Source: Xinhua)
&nbsp; 
&nbsp;

China's Industrial Output up 12.3% in August

China's August CPI Falls 1.2%, PPI Falls 7.9% | Shanghai Non ferrous Metals

China's August CPI Falls 1.2%, PPI Falls 7.9%

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit