August 30, 2008
Chinese October wholesale prices up by 6.5%YoY
The People's Bank of China said that the enterprise commodity price index, which measures wholesale prices, rose by 6.5%YoY in October and was up 0.1% from September. In September, the comparative enterprise commodity price index rose by 6.2%YoY.
The central bank said that in October 2007 prices of coal, electricity and oil products on aggregate rose by 3.3%YoY and were 0.6% higher than September 2007 levels.
| | YoY | MoM |
| Coal | 9.7% | 1.7% |
| Crude | 4.3% | 50.0% |
| Electricity | 1.2% | 0.0% |
| Non ferrous | 3.8% | 50.0% |
| iron ore | 15.7% | 3.9% |
| Steel | 15.9% | 1.0% |
| Aluminum | -5.0% | 1.9% |
