China's National Bureau of Statistics said October prices for production
materials within industrial producer factory-gate prices rose 7.4% YoY,
contributing about 5.77 percentage points to the overall industrial producer
price level. By sector, mining prices jumped 27.9% YoY, raw-materials prices
rose 11.6% and processing-industry prices rose 3.5%. Prices for goods for
Household consumption fell 0.1% YoY, subtracting about 0.03 percentage points
from the overall level; food -1.6% YoY, clothing -1.3% YoY, general daily goods
-0.7% YoY, durable consumer goods +1.4% YoY.
