China\’s PPI down 0.8 pct in January

A staff member works at a factory of Chinese automaker Chery Holding Group Co., Ltd. in Erdos, north China\’s Inner Mongolia Autonomous Region, Feb. 9, 2023. (Xinhua/Bei He)

BEIJING, Feb. 10 (Xinhua) — China\’s producer price index (PPI), which measures costs for goods at the factory gate, went down 0.8 percent year on year in January, the National Bureau of Statistics said Friday.

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