{
 "id": "cn-ppi",
 "name": "Producer prices, y/y",
 "region": "china",
 "layer": "cycle",
 "unit": "%",
 "cadence": "monthly",
 "state": "context",
 "latest": {
  "period": "2026-08-01",
  "value": 3.8
 },
 "stale": false,
 "trend": "falling",
 "publisher": "National Bureau of Statistics of China",
 "series_code": "Industrial Producer Price Indexes release, PPI y/y",
 "licence": "NBS site terms: reuse with attribution",
 "description": "The producer price index for industrial products as a change over twelve months, read from the National Bureau of Statistics' monthly release. Factory-gate prices are where Chinese deflation shows first: the index fell year on year from October 2022 to 2025 while consumer prices stayed just above zero. Shown for context. A threshold waits until the record has been reviewed: a zero line would have been crossed for three years running, and a line that stays crossed says nothing.",
 "points": [
  {
   "period": "2025-12-01",
   "value": -1.9
  },
  {
   "period": "2026-01-01",
   "value": -1.4
  },
  {
   "period": "2026-02-01",
   "value": -0.9
  },
  {
   "period": "2026-04-01",
   "value": 2.8
  },
  {
   "period": "2026-05-01",
   "value": 3.9
  },
  {
   "period": "2026-06-01",
   "value": 4.1
  },
  {
   "period": "2026-07-01",
   "value": 3.5
  },
  {
   "period": "2026-08-01",
   "value": 3.8
  }
 ],
 "url": "https://worldstat.us/indicator/cn-ppi"
}