China’s producer price index (PPI) reflects the prices that factories charge wholesalers for products. Photo: AFP
China’s producer price index (PPI) reflects the prices that factories charge wholesalers for products. Photo: AFP

Explainer |
China’s inflation: why was official database updated with more historical data?

  • China’s producer price index (PPI) rose by 10.7 per cent in September, which at the time was reported as a record high
  • But a rise to 13.5 per cent in October from a year ago was only reported as the highest since July 1995 and not a record, due to updates to official database

China’s producer price index (PPI) reflects the prices that factories charge wholesalers for products. Photo: AFP
China’s producer price index (PPI) reflects the prices that factories charge wholesalers for products. Photo: AFP
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