China's producer prices fell by 2.2% yoy in February 2025, compared with market forecasts of a 2.1% decline and after a 2.3% drop in the prior two months. This marked the slowest drop since August 2024, as Beijing continued efforts to spur demand, despite producer deflation persisting for the 29th straight month amid price fluctuations in some commodities and the impact of the Lunar break in late January. Cost of production materials continued to fall (-2.5% vs -2.6% in January), with further drops in mining (-6.3% vs -4.9%), raw materials (-1.5% vs -1.9%), and processing (-2.7% vs -2.7%). Consumer goods prices remained weak (-1.2% vs -1.2%), weighed by more declines in food (-1.6% vs -1.4%), clothing (-0.2% vs -0.1%), and durable goods (-2.5% vs -2.6%), but prices for daily-use goods quickened (0.9% vs. 0.5%). Monthly, producer prices inched lower (-0.1% vs -0.2%). Considering the first two months of the year, factory-gate prices shrank 2.2%. In 2024, producer prices slipped 2.2%. source: National Bureau of Statistics of China
Producer Prices in China decreased 2.20 percent in February of 2025 over the same month in the previous year. Producer Prices Change in China averaged 2.67 percent from 1993 until 2025, reaching an all time high of 26.00 percent in May of 1993 and a record low of -8.20 percent in July of 2009. This page provides the latest reported value for - China Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. China Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on March of 2025.
Producer Prices in China decreased 2.20 percent in February of 2025 over the same month in the previous year. Producer Prices Change in China is expected to be -1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.