China's producer price index (PPI), which measures costs for goods at the factory gate, went down 2.7 percent year on year in February, the National Bureau of Statistics said. The decrease widened from a 2.5-percent decline in January. On a monthly basis, the PPI edged down 0.2 percent, the data showed.

As industrial production slowed down due to the Spring Festival that fell in February this year, the PPI decline widened, said NBS statistician Dong Lijuan. (Xinhua)