中国PPI同比降幅今年3月以来首次收窄

Group 1 - In August, China's Producer Price Index (PPI) decreased by 2.9% year-on-year, marking a narrowing of the decline by 0.7 percentage points compared to the previous month, the first such narrowing since March of this year [1][2] - The narrowing of the PPI decline is attributed to the implementation of more proactive macro policies and improvements in certain industry prices, as well as the ongoing construction of a unified national market [1] - Key industries such as coal processing, black metal smelting, and photovoltaic equipment manufacturing saw their year-on-year price declines narrow significantly, contributing to a reduction in the overall PPI decline by approximately 0.50 percentage points [1] Group 2 - Month-on-month, the PPI in August ended a consecutive eight-month decline, remaining flat after a 0.2% decrease in the previous month, influenced by improved supply-demand relationships in some energy and raw material sectors [2] - Specific price changes in August included a 9.7% increase in coal processing prices, a 2.8% increase in coal mining and washing prices, and a 1.9% increase in black metal smelting and rolling prices, reversing previous declines [2]