Producer prices (PPI) · China

China PPI YoY

The China PPI YoY measures the prices that producers in China receive for their goods (and in some countries services), or pay for their inputs, before taxes and retail margins.

Importance
Medium
Publié
Monthly
Prochaine publication
Devise
CNH · Chinese yuan (renminbi)
Banque centrale
The People's Bank of China
Influence
GAUCNH · USDCNH · XAUCNH

Derniers chiffres

La dernière publication, pour SEP, est parue le 2026-10-14 et s’est établie à 5%. C’est au-dessus du consensus de 4.5%. C’est plus que 3.8% la fois précédente.

A higher figure than expected makes the People's Bank of China more likely to keep rates high or raise them: it tends to support the Chinese yuan (renminbi) and push bond yields up, and is often a weight on stocks.

Sur les 12 dernières publications, la valeur est allée de -2.2% à 5%, avec une moyenne de 1.3%. Elle a augmenté trois publications d’affilée.

Nov 2025: -2.1%Dec 2025: -2.2%Jan 2026: -1.9%Feb 2026: -1.4%Mar 2026: -0.9%Apr 2026: 0.5%May 2026: 2.8%Jun 2026: 3.9%Jul 2026: 4.1%Aug 2026: 3.5%Sep 2026: 3.8%Oct 2026: 5% Nov 2025Oct 2026
Résultats réels ; le petit trait sur une barre indique le consensus.
PubliéPourRéelConsensusPrécédent
14 Oct 2026SEP5%4.5%3.8%
9 Sep 2026AUG3.8%3.7%3.5%
9 Aug 2026JUL3.5%3.8%4.1%
9 Jul 2026JUN4.1%4.1%3.9%
10 Jun 2026MAY3.9%3.9%2.8%
11 May 2026APR2.8%1.5%0.5%
10 Apr 2026MAR0.5%0.4%-0.9%
9 Mar 2026FEB-0.9%-1.1%-1.4%
11 Feb 2026JAN-1.4%-1.5%-1.9%
9 Jan 2026DEC-1.9%-2%-2.2%
10 Dec 2025NOV-2.2%-2%-2.1%
9 Nov 2025OCT-2.1%-2.2%-2.3%

Voir dans le calendrier économique →

Pourquoi c’est important

Producer prices are an early warning for consumer inflation: when factories pay more for energy and materials, part of the cost reaches shop prices in the following months. They also show profit pressure.

Mode de calcul

the National Bureau of Statistics (NBS) surveys companies on the prices of representative products at the factory gate; the index is weighted by each product's share of output. Input PPI covers materials and fuel bought; output PPI the goods sold.

PPI change (yoy) = PPI ÷ PPI 12 months ago − 1

Ce que signifient les variations

  • Input prices rising faster than output prices squeeze margins.
  • A sharp move in PPI often reflects oil and metals; check the core (ex food and energy) version.

Supérieur aux attentes : A higher figure than expected makes the People's Bank of China more likely to keep rates high or raise them: it tends to support the Chinese yuan (renminbi) and push bond yields up, and is often a weight on stocks.

Inférieur aux attentes : A lower figure than expected gives the People's Bank of China room to cut or hold rates lower: the Chinese yuan (renminbi) tends to soften and bond yields to fall.

Un bref historique

Wholesale price indexes are among the oldest economic statistics; the US index dates back to 1902 and was renamed the Producer Price Index in 1978.

Questions

What is the China PPI YoY?

The China PPI YoY measures the prices that producers in China receive for their goods (and in some countries services), or pay for their inputs, before taxes and retail margins.

What was the latest China PPI YoY?

5% for SEP, published on 14 October 2026 (consensus 4.5%, previous 3.8%).

When is the next China PPI YoY?

On Monday 9 November 2026 at 01:30 UTC.

Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.