09 November 2012 03:34 [Source: ICIS news]
The October CPI was down from 1.9% in September, according to the data report.
The country’s monthly producer price index (PPI) – a gauge of wholesale prices – fell by 2.8% year on year in October, compared with a 3.6% fall in September, according to the data.
Average CPI and PPI from January to October was 2.7% and 1.6% respectively, the data showed.
Producer price for chemical raw materials dropped by 5.7% in October, the data added.
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