China's producer price index (PPI), which measures costs for goods at the factory gate, went up 0.9% year on year in September, the National Bureau of Statistics (NBS) said.
The figure moderated from the 2.3% year-on-year increase registered in August. On a monthly basis, China's PPI fell 0.1% in September.
"Due to price declines of bulk commodities, including international crude oil, the prices of industrial products fell on the whole last month", – said senior NBS statistician Dong Lijuan.
Data also showed that China's consumer price index, a main gauge of inflation, rose 2.8% year on year in September.
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