The headline CPI logged a 0.1-per cent month-on-month (MoM) increase in the month from a flat August, and narrowing its year-on-year (YoY) decline to 0.3 per cent, compared with a 0.4-per cent YoY drop in August.
The core CPI rose by 1 per cent YoY, marking the fifth consecutive month of acceleration and the strongest increase since February 2024.
The country’s producer price index (PPI), which measures costs for goods at the factory gate, went down by 2.3 per cent YoY in September. The decline narrowed by 0.6 percentage points from the previous month, suggesting an improvement in industrial demand, a state-controlled news agency reported.
On a monthly basis, the PPI held steady in September after a 2.9-per cent YoY decrease in August. The PPI was down by 2.8 per cent YoY in the first nine months of the year.
ALCHEMPro News Desk (DS)
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