China's Industrial Producer Prices Decline Slows in February 2026, MoM Growth Steady

Published: Mar 9, 2026 10:31

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[SMM Aluminum Flash] Data from the National Bureau of Statistics (NBS) showed that in February 2026, nationwide industrial producer ex-factory prices fell 0.9% YoY, with the decline narrowing by 0.5 percentage points from the previous month; they rose 0.4% MoM, with the increase unchanged from the previous month. Industrial producer purchase prices fell 0.7% YoY, with the decline narrowing by 0.7 percentage points from the previous month; they rose 0.7% MoM, with the increase widening by 0.2 percentage points from the previous month. On average in January–February, industrial producer ex-factory prices fell 1.2% from the same period a year earlier, and industrial producer purchase prices fell 1.1%.

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