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Location: Data Center > Finance News > Content
 
Producer Prices for the Industrial Sector for July 2017

http://data.acmr.com.cn  2017/8/9  National Bureau of Statistics of China


In July 2017, Producer Price Index (PPI) for manufactured goods increased 5.5 percent year-on-year, and increased 0.2 percent month-on-month. The purchasing price index for manufactured goods increased 7.0 percent year-on-year, and remained at the same level month-on-month (the amount of change was 0, similarly hereinafter). On average from January to July, the PPI increased 6.4 percent year-on-year, the purchasing price index for manufactured goods went up by 8.5 percent year-on-year.

 

1. Year-on-Year Changes of Prices of Different Categories

 

The year-on-year change of producer prices for means of production increased 7.3 percent, meaning 5.4 percentage points increase in the overall price level. Of which, producer prices for mining and quarrying industry increased 15.8 percent; that of raw materials industry increased 9.3 percent; that of manufacturing and processing industry increased 5.8 percent. Producer prices for consumer goods increased 0.5 percent year-on-year, meaning 0.1 percentage point increase in the overall price level. Of which, producer prices for foodstuff increased 0.4 percent, that of clothing increased 1.2 percent, that of commodities went up by 0.6 percent, and that of durable consumer goods remained at the same level.

 

The year-on-year purchaser price indices for ferrous metal materials increased 14.1 percent, non-ferrous metal materials and wires went up by 13.2 percent, fuel and power increased 10.7 percent, building materials and non-metallic went up by 9.3 percent.

 

2. Month-on-Month Changes of Prices of Different Categories

 

The producer prices for means of production increased 0.2 percent month-on-month, meaning 0.2 percentage points increase in the overall price level. Of the total, producer prices for mining and quarrying industry decreased 1.1 percent, that of raw materials industry decreased 0.2 percent, that of manufacturing and processing industry increased 0.5 percent. Producer prices for consumer goods remained at the same level month-on-month. Of which, producer prices for foodstuff increased 0.1 percent, that of clothing and durable consumer goods both remained at the same level, that of commodities decreased 0.1 percent.

 

The month-on-month purchaser price indices for non-ferrous metal materials and wires went up by 1.0 percent, ferrous metal materials increased 0.7 percent, fuel and power went down by 1.2 percent.



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