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    China's PPI Rose 7.5% In July.

    2011/8/9 10:39:00 30

    China's PPI Rose In July

    In July 2011, the whole country Industry Producer prices were unchanged from last month, up 7.5% over the same month last year. The purchasing price of industrial producers rose 0.1% from last month, up 11% from the same month last year.



    Means of production Price The price of the extractive industry dropped by 0.3%, and the price of raw materials industry and processing industry remained unchanged. The factory price of living goods rose by 0.2%, with food prices rising by 0.5%, clothing prices by 0.2%, general commodity prices by 0.2%, and durable consumer goods prices unchanged.

    Producer prices rose 8.4% year-on-year, of which 18.1% in the extractive industry, 12.1% in raw material industries and 5.8% in processing industries. The factory price of living goods rose by 4.8% over the same period, of which food prices rose by 8.6%, clothing prices rose by 4.5%, general commodity prices rose by 4.5%, and durable consumer goods prices dropped by 0.5%.


    The price of non-ferrous metal materials increased by 1.3%, the price of fuel power decreased by 0.5%, the prices of ferrous metal materials were unchanged from last month, and the prices of chemical raw materials dropped by 0.1%.


    The prices of non-ferrous metal materials increased by 18.9%, fuel power prices increased by 12.6%, ferrous metal materials prices increased by 10.2%, and chemical raw materials prices increased by 13.3%.



    Note appended:


    1, statistical scope: from 2011, the producer price survey of industrial producers covers 39 industrial sectors, 191 industrial sectors, 525 industrial sectors, 1702 basic categories of 11000 kinds of products, and the producer price survey of industrial producers covers the price of 6000 kinds of industrial products of more than 900 basic categories.


    2, data collection: Industrial producer price survey adopts the method of combining investigation with typical investigation. From 2011 onwards, enterprises with more than 20 million yuan of main business income had adopted the key investigation method; the typical business survey method was adopted by enterprises with less than 20 million yuan of main business income. The survey involved nearly 6 industrial enterprises in more than 400 cities across the country.


    3. Index Interpretation:


    Industrial producer price includes producer price of industrial producer and purchase price of industrial producer.


    Producer price of industrial producer index It reflects the change trend and fluctuation range of the factory price of the first sale of industrial enterprises.


    The purchasing price index of industrial producer reflects the trend and amplitude of the purchase price of industrial enterprises as intermediate inputs.


     

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