(Yicai Global) Nov. 11 -- China's producer price index, which measures costs of goods at the factory gate, fell for the ninth month in a row in October.

The PPI fell 2.1 percent last month from a year earlier, the same rate as in September, according to data that the National Bureau of Statistics published today.

China’s factory gate prices have been falling since February, with the PPI for May posting the steepest decline this year at 3.7 percent.

Editor: Ben Armour