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China Producer Prices Change
Last Release
Jun 30, 2025
Actual
-3.6
Units In
%
Previous
-3.3
Frequency
Monthly
Next Release
Aug 09, 2025
Time to Release
29 Days 2 Hours
Highest | Lowest | Average | Date Range | Source |
13.5 Oct 2021 | -8.2 Jul 2009 | 1.14 % | 1995-2025 | National Bureau of Statistics of China |
In China, producer prices change measures the average annual change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.
Latest Updates
China’s producer prices shrank 3.6% yoy in June 2025, exceeding market expectations of a 3.2% decline, and after a 3.3% drop in May. This marked the 33rd consecutive month of producer deflation and the steepest fall since July 2023, driven by rising external risks amid uncertainty over US tariffs and persistently weak domestic demand. The cost of production materials fell at a faster pace (-4.4% vs -4.0% in May), with steeper drops seen in mining (-13.2% vs -11.9%), raw materials (-5.5% vs -5.4%), and processing prices (-3.2% vs -2.8%). Consumer goods prices remained subdued, down 1.4%, unchanged from May, with further declines in durable goods (-2.7% vs -3.3%) and food (-2.0% vs -1.4%). Clothing prices edged up 0.1% after being flat in May, while prices of daily-use goods rose at a faster pace (0.8% vs 0.6%). Monthly, PPI fell 0.4% in June, matching the pace of March, April, and May, and marking the largest monthly drop in six months. For H1 of 2025, factory-gate prices fell by 2.6%.
China Producer Prices Change History
Last 12 readings