China's National Bureau of Statistics: August PPI down 1.8% from year-ago: Chinese media

According to data released by the National Bureau of Statistics of China on the 9th, the industrial producer price index (PPI) for August fell 1.8% year-on-year and 0.7% month-on-month.
Looking at the PPI, it was down 1.9% year-on-year. Prices of production materials were down 2.0% year-on-year. Of these, extractive industrial prices increased 0.9%, raw materials industrial prices decreased 0.8%, and processed industrial prices were down 0.7%.
Industrial prices fell 2.7%. Prices of daily necessities fell 1.1%. Food prices fell 1.3%, clothing prices fell 0.4%, general household goods prices remained flat, and durable consumer goods prices fell 1.9%.
Compared to the previous month (July), production material prices fell 1.0%. Of these, extractive industry prices fell 1.6%, raw material industry prices fell 1.2%, and processing industry prices fell 0.9%.
Of these, prices of food, general household goods, and durable consumer goods remained flat, while prices of clothing decreased by 0.1%.