China's producer price index (PPI), which measures costs for goods at the factory gate, went down 1.3 percent year on year in November, the National Bureau of Statistics said Friday.
The decrease was flat with that registered in October. On a monthly basis, China's PPI gained 0.1 percent in November, moderating from the 0.2 percent increase in October.
Due to a high comparison base in the same period last year, the PPI continued a year-on-year decline in November, while rising coal, oil, and non-ferrous metal prices have led to the monthly PPI increase last month, according to senior NBS statistician Dong Lijuan.
Among 40 industrial sectors surveyed, 25 saw a year-on-year price growth last month, the data showed.
With stronger government efforts to ensure coal supply, producer price growth of the coal mining and washing industry slowed to 0.9 percent month on month in November, compared with the 3-percent rise in October.
Steel demand remained weak last month, with the PPI of the ferrous metal smelting and processing sector retreating 1.9 percent month on month.
The carry-over effect of last year's price movements contributed about 1.2 percentage points to the year-on-year PPI decline in November, Dong said.
Friday's data also showed that China's consumer price index, the main inflation gauge, rose 1.6 percent year on year in November.
