Producer Price Index for Manufactured Goods in China up 8.2% in May 2008

BEIJING--June 17, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--China's producer price index (PPI) for manufactured goods rose 8.2% year over year in May 2008. The growth was 0.1 percentage point higher than April. Prices for raw materials, fuels and power rose 11.9%. From January to May, the PPI for manufactured goods rose 7.4% compared with the same period last year, and purchasing prices for raw materials, fuels and power rose 10.6%.