According
to the recently issued national industrial running statistics from China
National Bureau of Statistics, in Mar 2024, China’s PMI
(Purchasing Managers’ Index) rose by 1.7% M-O-M; China’s Consumer Price Index
(CPI) increased by 0.1% Y-O-Y, and Producer Price Index (PPI) for manufactured
goods decreased by 2.8% Y-O-Y.
1. PMI
In Mar,
China’s PMI registered at 50.8%, up 1.7% M-O-M.
2. CPI
In Mar,
China’s CPI increased by 0.1% Y-O-Y and dipped by 1.0% M-O-M.
3. PPI
In Mar,
China’s PPI decreased by 2.8% Y-O-Y and slid by 0.1% M-O-M.
4. Fuel Purchaser Price Index
In Mar, the Fuel Purchaser Price Index slid by
4.9% Y-O-Y and rose by 0.7% M-O-M.
4. PPI of
Gas-Related Industries
In Mar, the price index of industries of mining and washing of
coal, extraction of oil & gas, production and supply of power & heat
and production and distribution of gas changed by -15%, 6.3%, -1.7% and -2.6%
Y-O-Y, and changed by -1.6%, 1.1%, 0.7% and -1.0% M-O-M respectively.
