YoY Change in Producer Price Index (PPI) in China
China| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The year-on-year (YoY) Producer Price Index (PPI) measures the change in the prices of goods and services produced by Chinese companies for a specific month compared to the same month in the previous year. This data is released monthly by the National Bureau of Statistics (NBS) of China and is essential for evaluating fluctuations in production costs for businesses.
YoY PPI data helps to understand how production costs for companies are changing. If the PPI is increasing, it indicates rising production costs, which could eventually lead to higher consumer prices. Conversely, if the PPI is decreasing, it suggests declining production costs and a potential risk of deflation.
This data serves as a key reference for policymakers when assessing inflationary pressures and formulating appropriate monetary policies. For instance, if the PPI is surging, the central bank might consider raising interest rates to control inflation. On the other hand, if the PPI is declining, there might be a need to strengthen economic stimulus measures. Additionally, businesses and investors find PPI data crucial for understanding inflation trends and economic outlook, aiding them in making informed decisions.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
