China's producer prices down 0.8 pct in August


China's producer price index (PPI), which measures costs for goods at the factory gate, dropped 0.8 percent year on year in August, the National Bureau of Statistics (NBS) said Tuesday.

The reading expanded from the 0.3-percent decline in July, the NBS data showed.

On a month-on-month basis, the PPI dropped 0.1 percent...