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Producer Price Index of agricultural products in China Q3 2017-Q3 2020

The graph shows the Producer Price Index (PPI) of agricultural products in China until the third quarter of 2020. During that quarter, the PPI for agricultural products was around 114.8.

Producer prices of agricultural products – additional information

The Producer Price Index (PPI) measures the average change in selling prices received by domestic producers for their output. In combination with the Consumer Price Index (CPI), the PPI is used as an indicator to identify economic inflation or deflation. In contrast to CPI, which measures price levels of end consumers, the PPI measures the output price change from the perspective of sellers. In this sense, the Producer Price Index of agricultural products reflects changes in selling price received by farmers.

According to the graph at hand, producer prices for agricultural products have picked up in the second quarter of 2019, after a slight slump in the preceding quarter. Opposed to the Producer Price Index (PPI) for the industrial sector in China, where price levels have seen a negative growth in last quarter of the past year, prices levels in agricultural subsectors increased significantly. The PPI for fishery in China has fluctuated slightely at around 100 index points in 2019. Producer prices for forestry products in China remained relatively stable since the end of 2018. Regarding producer prices of farm crops, the PPI for farm crops in China has remained largely positive until Q4 2019, although prices have lost a large share of their growth momentum since mid-2014.

Producer Price Index (PPI) of agricultural products in China from 3rd quarter 2017 to 3rd quarter 2020

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Source

Release date

October 2020

Region

China

Survey time period

Q3 2017 to Q3 2020

Supplementary notes

The price index includes important agricultural products from forestry, animal husbandry, fishery and agriculture.

The source does not provide a release date. The date given is the date of data access.

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