
BEIJING, Dec. 9 (Xinhua) -- China's producer prices saw a narrowed decline in November amid a steady recovery in industrial activities, official data showed Wednesday.
The producer price index (PPI), which measures costs for goods at the factory gate, fell 1.5 percent year on year in November, narrowed from the 2.1-percent drop in October, said the National Bureau of Statistics (NBS).
On a monthly basis, the PPI rose 0.5 percent last month.
Market demand continued to improve in November with rising prices of industrial products, said NBS senior statistician Dong Lijuan.
Among the 40 surveyed industrial sectors, 24 saw prices rise month on month in November, up from 12 sectors seen in October.
Affected by upward international prices of crude oil, the sub-index for the oil and gas extraction industry edged up 0.9 percent from the previous month, according to the NBS.
With increasing demand for winter heating, the PPI for coal mining as well as gas production and supply sectors rose 2.2 percent and 2.8 percent month on month, respectively.
In the first 11 months, the PPI went down 2 percent on average from the same period last year, NBS data showed.
The PPI data came along with the release of the consumer price index, a main gauge of inflation, which dipped 0.5 percent year on year in November.
Fire brigade in Shanghai holds group wedding
Tourists enjoy ice sculptures in Datan Town, north China
Sunset scenery of Dayan Pagoda in Xi'an
Tourists have fun at scenic spot in Nanlong Town, NW China
Harbin attracts tourists by making best use of ice in winter
In pics: FIS Alpine Ski Women's World Cup Slalom
Black-necked cranes rest at reservoir in Lhunzhub County, Lhasa
China's FAST telescope will be available to foreign scientists in April
"She power" plays indispensable role in poverty alleviation
Top 10 world news events of People's Daily in 2020
Top 10 China news events of People's Daily in 2020
Top 10 media buzzwords of 2020
Year-ender:10 major tourism stories of 2020
No interference in Venezuelan issues
Biz prepares for trade spat
Broadcasting Continent
Australia wins Chinese CEOs as US loses