China's producer price index (PPI) grew 5.8 percent in January year-on-year, a report released by China's National Bureau of Statistics on Monday shows.

According to the report, the purchase price of raw materials, fuel and power jumped up 10.7 percent year-on-year, with the growth rate slightly down from the average level in 2004.

With increasing rate down 1.6 percentage points over that in last December, PPI for production means was up 7.8 percent in January compared with the same period last year, leading to an overall increase of 5.7 percentage points in PPI.

The report shows that the price of crude oil and finished oil saw an obvious decline in January. The PPI for crude oil rose 19.1 percent year-on-year with increasing rate down 16.5 percentage points than that in last December.

Yet the prices of coal products witnessed a persistent rise in January. PPI for the sector of coal mining and dressing grew 25.8 percent year-on-year with increasing rate up one percentage point over that in last December.