National Bureau of Statistics: producer prices fell 3.6% in April from a year earlier, down 0.5% from a month earlier.

[national Bureau of Statistics: industrial producer prices fell 3.6% in April from a year earlier-0.5% compared with the same period last year] according to data from the National Bureau of Statistics, in April 2023, industrial producer prices across the country fell 3.6% year-on-year and 0.5% month-on-month; industrial producer purchase prices fell 3.8% year-on-year and 0.7% month-on-month. From January to April, the average ex-factory price of industrial producers decreased by 2.1% compared with the same period last year, and the purchase price of industrial producers dropped by 1.5%.