China's PPI down 5.4 pct in June

BEIJING, July 10 (Xinhua) -- China's producer price index (PPI), which measures costs for goods at the factory gate, went down 5.4 percent year on year in June, the National Bureau of Statistics (NBS) said Monday.

The decrease expanded by 0.8 percentage points from that in May. On a monthly basis, the PPI edged down 0.8 percent, narrowing from the 0.9-percent drop a month earlier.

NBS statistician Dong Lijuan attributed the declines to falling prices in commodities, including oil and coal, and a high comparison base during the same period last year.