According to the National Bureau of Statistics of China, the producer price index, which shows price movements when companies ship products in China, rose 10.7% in September compared to the same month last year, and statistics are released in 1996. This was the largest increase since October of the year.
The main factor is the soaring prices of raw materials such as crude oil, coal, and metals, which are 1.2 points higher than the previous month, and there is concern that corporate management will be squeezed and the economic slowdown will intensify.