Deflation In Producer Prices Continues, Accelerates In Ag Prices

Consumer prices are headed for a drop in October thanks to falling pork, soybean and vegetable prices.

Source: 50个城市主要食品平均价格变动情况(2015年10月11-20日)

Producer prices are still falling as well, led by plunging agricultural prices. Soybeans are down 11% in 20 days, corn down 8%.

Source: 流通领域重要生产资料市场价格变动情况(2015年10月1—10日)

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