Shenzhen Leather Industry Prices Rose 11.18%

According to the statistics of the Shenzhen investigation team of the National Bureau of statistics, in the first half of the year, the price of our industrial products and the prices of raw materials, fuels and power have all recovered, driven by the strong pull of crude oil prices and agricultural and sideline products prices, and the price trend is relatively stable.

The production data of our city is affected by the sharp increase in the factory price of the extractive products, and the factory price is slightly increased by 0.26%.

In addition to the 0.78% drop in factory prices of durable consumer goods, the factory prices of food, clothing and general necessities have risen to varying degrees.

In addition, the factory prices of industrial sectors rose or fell.

Of the 14 industrial sectors surveyed, 12 of the factory's factory prices rose, accounting for 85.7% of the total, of which the largest increase in the petroleum industry rose by 44.39%, followed by the leather industry, an increase of 11.18%; the decline in the machinery industry and the electricity industry decreased by 1.5% and 0.2% respectively.

International crude oil prices have been hovering at high levels, resulting in an increase of 47.15% in the crude oil product prices in our city, 28.48% in LPG related prices, 4.72% in motorcycle tyres, 7.82% in bicycle inner tubes, and 11.35% in other paints.

The export price of farm products and processing products was strong, rising by 21.10%, of which vegetable oil rose by 25.74%, followed by slaughter and meat increased by 25.38%.

The purchase price of raw materials, fuels and power all increased. The purchase price of building materials and metal minerals increased by 20.29%, followed by 8.35% of agricultural and sideline products.

The factory prices of communications equipment, computers and other electronic equipment manufacturing industry continued to decline, down 2.02%.

The prices of other electronic equipment manufacturing and computer manufacturing products decreased by 4.03% and 3.93% respectively.

For the reasons for the rise in the prices of industrial products in the first half of the year, the statistical analysis of the investigation team was considered to be affected by the sharp rise in prices of some raw materials.

At present, the price of agricultural and sideline products in the world and some parts of the country has been rising and increasing, such as the increase of wheat prices by 4.90%, the increase of corn by 5.85%, the increase of 34.08% of soybeans, the increase of 22.21% of fresh pork, and the increase of 63.76% of fresh frozen pork, respectively. The price of wheat flour increased by 13.57%, the mixed feed increased 10.43%, the peanut oil increased 25.88%, the sausage increased by 25%, and the bacon increased by 26.09%.

In addition, the rising price of industrial products is also affected by the operation of high weighted product prices.

Despite the sharp rise in international crude oil prices, the ex factory price of natural crude oil in our city increased by 47.15%, and the total price index of industrial products in the city rose by 0.86 percentage points. However, due to the decline in factory prices of the telecommunications equipment, computers and other electronic equipment manufacturing industries with a larger weight, the total industrial price index of industrial products dropped by 1.24 percentage points, so the index did not show a sharp rise.