China's Producer Price Index (PPI) in September is estimated to decline 6.1 percent year on year, the data center of Shanghai Ganglian E-commerce Holdings forecasted on Thursday.
Shanghai Ganglian's prediction model is based on the MyBCIC index, its staple commodity price index, which covers nine pillar industries that most affect the country's economy.
Statistics released earlier by the National Bureau of Statistics (NBS) showed that China's PPI fell 5.9 percent year on year in August.
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