Means of production prices fall in China
Most of the capital goods monitored by the Chinese government posted lower prices in mid-October compared with early October this year, official data showed.
According to the National Bureau of Statistics (NBS), of 50 major goods monitored by the government.
They include seamless steel tubes, gasoline, coal, fertilizer and some agricultural products mainly used for processing, 23 saw their prices increase, while 24 posted lower prices.
NBS data showed that Hog price rise by 4.5 per cent in mid-October to 27.7 Yuan (About 3.87 dollars) per kilogram.
The reading, released every ten days, is based on a survey of nearly 2,000 wholesalers and distributors in 31 provincial-level regions.
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