China's "ex-factory " prices - a measure of what manufacturers charge wholesalers for commodities - grew at the fastest rate on record in the past month.
Soaring commodity costs come as Chinese companies face power cuts and a soaring commodity prices.
China is the world's largest exporter, so price hikes could affect other countries.
Businesses around the world are struggling with problems. supply as economies emerge from the pandemic.
Major electricity shortages in China - caused by increased demand from industry, high energy prices and the country's shift to cleaner energy sources - have halted production at factories, including suppliers of global brands like Apple.
Official figures have shown that the index of Producer prices (PPI) rose 10.7% from the previous year in September, the fastest pace of growth since records began in 1995.
But there currently has little evidence that these higher costs are passed on to Chinese consumers.
China 's Consumer Ice Cream Index, which has also been publie Thursday, rose 0.7% year-on-year in September, up slightly from the previous month but below most economists' forecasts.
However, that could change in the months ahead, as manufacturer profits are reduced and businesses are hit by rising electricity prices.
Demand among consumers may also have weakened for items such as household items, clothing and food due to fluctuating costs.
The cost of goods in China is being monitored for signs that prices may increase in other parts of the world world, which could drive up inflation in countries that import its products.
Countries whose UK and US have seen inflation rise in recent months as their economies open after pandemic.
This has led to rising expectations according to thethen central banks will be forced to increase the cost of borrowing and cancel emergency measures aimed at reducing the impact of the lockdowns.
Some countries, including the New Zealand, South Korea and Norway have raised interest rates in recent weeks in an attempt to cool their economies and ease inflationary pressures.
Media caption, China is a country caught in the middle of a global struggle - to develop but also to be green
Electricity has disrupted many industries in the country, especially those that use a large amount of gy energy, including cement production, steel smelting and aluminum smelting.
The price of coal used in many of China's power plants has reached a series ofrecords in recent days as utility companies struggle to generate enough electricity to meet demand.
Beijing has taken steps to ease the electricity crisis, including calling coal miners increasing production and managing the amount of electricity used by large factories.