In June 2012, Producer Price Index (PPI) for manufactured goods dropped by 2.1 percent year-on-year, and 0.7 dropped month-on-month. The purchasing price index for manufactured goods went down by 2.5 percent year-on-year, and 0.8 dropped month-on-month. And the average level in the first six months, Producer Price Index (PPI) for manufactured goods decreased 0.6 percent year-on-year, while the purchasing price index for manufactured goods decreased 0.3 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 decreased 2.9 percent. In which, producer prices for mining and quarrying industry decreased 2.9 percent; that of raw materials industry decreased 3.0 percent, and that of manufacturing and processing industry decreased 2.9 percent. Producer prices for consumer goods went up by 0.7 percent. Of which, producer prices for foodstuff increased 1.3 percent, that of clothing increased 2.1 percent, that of commodities up by 0.9 percent, while that of durable consumer goods dropped 1.2 percent.
The year-on-year purchaser price indexes for non-ferrous metal materials and wires, ferrous metal materials, and chemical raw materials decreased 7.6, 6.7 and 5.0 percent respectively, that of fuel and power remained at the same level (the amount of change was 0), and that of timber and paper pulp rose 0.4 percent.
2. Month-on-Month Changes of Prices of Different Categories
The month-on-month change of producer prices for means of production dropped 0.9 percent. Of the total, producer prices for mining and quarrying industry decreased 2.3 percent, that of raw materials industry decreased 1.8 percent, and that of machining industry decreased 0.4 percent. Producer prices for consumer goods remained at the same level (the amount of change was 0). Of which, producer prices for foodstuff decreased 0.2 percent, that of clothing rose 0.2 percent, that of commodities rose 0.1 percent, and that of durable consumer goods decreased 0.1 percent.