CBN丨China‘s PPI in September broke record due to surging coal costs amid power crisis

China’s factory-gate prices in September rose at their fastest pace in more than two decades amid power crisis. The reading is the highest since the start of the National Bureau of Statistics (NBS) database in October 1996 after the index hit 10.1 in August 2008. The producer price index (PPI), which reflects the prices factories charge wholesalers for their products, rose by 10.7 percent in September from a year earlier, up from a gain of 9.5 percent in August, the NBS said.