China Factory-Gate Inflation Slows in November

Workers at a production line manufacturing solar photovoltaic components at a factory in Zhejiang Province, China on Feb. 12, 2019. Lin Yunlong/Zhejiang Daily via Reuters

China’s sky-high factory inflation, also known as the producer price index (PPI), slowed in November from a 26-year high the month before.

The factory inflation rose 12.9 percent from a year earlier in November, slower than October’s 13.5 percent—the most significant increase since 1995—but faster than the 10.7 percent of September, according to a Dec. 9 release from China’s National Bureau of Statistics (NBS).