CPI rose by 2.4% yoy and PPI decreased by 2.0% in August - Macro Economic News - english

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CPI rose by 2.4% yoy and PPI decreased by 2.0% in August

Date: 2020-09-09 10:54:00

 

 

In August 2020, the national consumer price rose by 2.4% year on year. From January to August, the national consumer price rose by 3.5% over the same period last year.

 

In August, PPI fell by 2.0%, industrial production continued to improve, market demand continued to recover, and international bulk commodity prices such as crude oil, iron ore and non-ferrous metals continued to rise, driving the prices of domestic industrial products to continue to rise.


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