In October 2023, the ex-factory prices of industrial producers fell by 2.6% year-on-year, unchanged from the previous month, and the purchasing prices of industrial producers decreased by 3.7% year-on-year and rose by 0.2% month-on-month. From January to October, on average, the ex-factory prices of industrial producers decreased by 3.1 percent over the same period of the previous year, and the purchase prices of industrial producers decreased by 3.6 percent.1. Year-on-year changes in industrial