China’s producer prices rose at a faster pace in October 2026, with the Producer Price Index (PPI) increasing 5.7% year-over-year, up from 5.0% in September. The data, updated on 9 November 2026, show that factory-gate inflation strengthened for a second consecutive month on an annual comparison basis.
Both readings are measured against the same months a year earlier, meaning September’s 5.0% figure reflected the change versus September of the previous year, while October’s 5.7% compared prices to October a year earlier. The acceleration suggests growing upward pressure in China’s industrial price environment as the fourth quarter progresses.
The latest PPI data will be closely watched by market participants assessing cost dynamics in the world’s second-largest economy, as sustained producer price increases can eventually pass through to consumer prices and influence monetary and fiscal policy decisions.
