China PPI from Oct 2012 to Jan 2008

Chart the China PPI until Oct 2012.

The transitions of the China PPI and the SMA.

China PPI means "Producer Prices Year on Year Index". Please be careful.

If the index showed less than 100, It means a negative growth.

Therefore, index shows deflation from march 2012.

It means excess supply, And seems to have fallen into a severe situation that does not profitable.

The transitions of the MoM and the YoY.

The transitions of the bollinger band.

The transition of the psychological line.

Recently, this line shows strong decrease trend.

It can checked that consumption of China is stuck.

Details from 1993 is here.

Thank you for reading.