People work at a workshop of Harbin Dongan Automotive Engine Manufacturing Co., Ltd. in northeast China's Heilongjiang Province, Feb. 25, 2021. (Xinhua/Wang Jianwei)
BEIJING, March 10 (Xinhua) -- China's producer prices went up in February amid a steady recovery in domestic demand, official data showed Wednesday.
China's producer price index (PPI), which measures costs for goods at the factory gate, went up 1.7 percent year on year in February, up from 0.3-percent rise in January, the National Bureau of Statistics (NBS) said Wednesday.
On a monthly basis, the PPI rose 0.8 percent last month, down from the 1-percent increase in January, said NBS senior statistician Dong Lijuan.
Among the 40 surveyed industrial sectors, 25 saw prices increase month on month, while 10 reported price drops and five witnessed unchanged prices.
A breakdown of the data showed that the PPI for the domestic oil and natural gas extraction sector rose 7.5 percent month on month due to continued growth in international crude oil prices.
The PPI data came along with the release of the consumer price index, a main gauge of inflation, which declined 0.2 percent year on year in February.
Award-winning photos show poverty reduction achievements in NE China's Jilin province
People dance to greet advent of New Year in Ameiqituo Town, Guizhou
Fire brigade in Shanghai holds group wedding
Tourists enjoy ice sculptures in Datan Town, north China
Sunset scenery of Dayan Pagoda in Xi'an
Tourists have fun at scenic spot in Nanlong Town, NW China
Harbin attracts tourists by making best use of ice in winter
In pics: FIS Alpine Ski Women's World Cup Slalom
Black-necked cranes rest at reservoir in Lhunzhub County, Lhasa
China's FAST telescope will be available to foreign scientists in April
久久精品视频免费试看