China's PPI down 2.8 pct in September

China's producer price index (PPI), which measures costs for goods at the factory gate, went down 2.8 percent year on year in September, the National Bureau of Statistics said Sunday.

On a monthly basis, the PPI edged down 0.6 percent in September.

The purchasing prices for industrial producers decreased by 2.2 percent on a yearly basis and 0.8 percent on a monthly basis during the same period.

In the period from January to September, China's producer prices for industrial products decreased by 2.0 percent over the same period of last year, and the purchasing prices for industrial producers decreased by 2.1 percent.

In terms of the year-on-year changes of prices for different categories, among the producer prices for industrial products, the prices for means of production decreased by 3.3 percent.

Among them, the prices for the mining industry went down by 2.5 percent, the prices for the raw material industry decreased by 3.2 percent, and the prices for the processing industry dropped by 3.3 percent.

The prices for means of livelihood lowered by 1.3 percent on a yearly basis. Among them, the prices for food went down by 1.6 percent, for clothing and general commodities decreased by 0.3 percent, and the prices for durable consumer goods dropped by 2.1 percent.

Of the purchasing prices for industrial producers, prices for ferrous metal materials dropped by 6.8 percent year on year, prices for building materials and non-metallic went down by 4.2 percent, and prices for fuel and power declined by 4.1 percent.

The prices for agricultural and sideline products declined by 3.8 percent, prices for raw chemical materials declined by 3.3 percent, and prices for non-ferrous metal materials and wires went up by 7.4 percent.

China's PPI down 2.8 pct in September

China's PPI down 2.8 pct in September

China's PPI down 2.8 pct in September

China's PPI down 2.8 pct in September

Officials from the European Union (EU) and Finland have voiced concerns after the White House said it has been discussing "a range of options" to acquire Greenland, including the use of the military.

EU foreign policy chief Kaja Kallas told a press briefing in Cairo on Thursday that the message from the U.S. is "extremely concerning," and "not really helping the stability of the world."

Kallas called on all parties to stick to international law, adding that relevant response measures has been discussed among EU members.

"The international law is very clear, and we have to stick to it. It is clear that it is the only thing that protects smaller countries, and that is why it is in the interest of all of us. And we discussed this today, as well, that we uphold the international law on all levels," she said.

Finnish Foreign Minister Elina Valtonen on Thursday described recent remarks by U.S. President Donald Trump and members of his administration on Greenland as "worrying," while reiterating Finland's support for Denmark and Greenland's right to self-determination.

"Finland and the other Nordic countries have exceptional expertise in Arctic conditions, and we are happy to make use of that together with our North Atlantic Treaty Organization (NATO) allies to strengthen Arctic security, but it cannot be done by threatening allies," she said at a press conference at Finnish parliament after an extraordinary meeting of the parliamentary Foreign Affairs Committee.

Johannes Koskinen, chair of the Foreign Affairs Committee, said it was "unprecedented" for threats of violence to be made within NATO against another member in connection with seizing territory, adding that such threats run counter to the United Nations Charter and that their inconsistency with international law should be underscored at all levels.

EU, Finnish officials express concerns over US remarks on Greenland