In February 2020, The Producer Price Of Industrial Producers Dropped By 0.4% Compared To The Same Period Last Year.

In February 2020, the producer prices of industrial producers decreased by 0.4% compared to the same period last year, a decrease of 0.5% compared with the same period, while the purchasing prices of industrial producers decreased by 0.5% compared to the same period last year, and the annulus ratio decreased by 0.3%. From 1 to February, the producer price of industrial producers decreased by 0.2% compared with the same period last year, and the purchasing price of industrial producers dropped by 0.4%.

I. Changes in industrial producer prices over the same period

Producer prices fell by 1% year-on-year in the producer price of industrial producers, a 0.6 percentage point increase from last month, and a drop of about 0.74 percentage points to the total level of producer prices. Among them, the price of extractive industry increased by 1.1%, the price of raw material industry decreased by 2.2%, and the price of processing industry dropped by 0.7%. The price of living goods rose by 1.4% over the same period last year, an increase of 0.1 percentage points from last month, affecting the total producer price level of industrial producers by about 0.38 percentage points. Among them, food prices rose by 5.1%, clothing prices fell by 0.3%, general commodity prices rose 0.1%, and durable consumer goods prices dropped by 2%.

In the purchasing price of industrial producers, the prices of farm and sideline products increased by 7.6%, the prices of building materials and nonmetals increased by 3.8%, ferrous metal materials prices increased by 0.4%, chemical raw materials prices dropped by 6%, non-ferrous metal materials and wire prices dropped by 1.2%, and fuel power prices dropped by 1%.

Two, the change of industrial producer price chain ratio.

Producer prices in industrial producer prices fell by 0.7%, which affected the total level of producer prices of industrial producers by about 0.51 percentage points. Among them, the price of the extractive industry dropped by 2.3%, the price of raw material industry decreased by 1.3%, and the price of processing industry dropped by 0.3%. The price of living goods is flat. Among them, food prices were flat, clothing prices fell by 0.1%, general commodity prices rose 0.1%, and durable consumer goods prices fell by 0.2%.

In the purchasing price of industrial producers, the prices of farm and sideline products increased by 0.1%; fuel power, non-ferrous metals and wire prices decreased by 0.7%, and ferrous metal materials prices dropped by 0.4%.