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Means of production prices mostly rise in China

(Xinhua) 13:31, April 24, 2024

BEIJING, April 24 (Xinhua) -- Most of the capital goods monitored by China's statistical authorities registered higher prices in mid-April compared with early April, official data showed Wednesday.

Of the 50 major goods classified in nine categories, including seamless steel tubes, gasoline, coal, fertilizer, and some chemicals, 34 reported higher prices in the period, 16 saw price declines, according to the National Bureau of Statistics (NBS).

During the period, hog prices went down 1.3 percent, according to the NBS data.

The figures, released every 10 days, are based on a survey of nearly 2,000 wholesalers and distributors in 31 provincial-level regions across the country.

(Web editor: Zhang Kaiwei, Zhong Wenxing)

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