In March 2020, The Producer Price Of Industrial Producers Dropped By 1.5% Compared To The Same Period Last Year.

In March 2020, the producer prices of industrial producers decreased by 1.5% compared to the same period last year, a decrease of 1% compared with the same period, while the purchasing prices of industrial producers decreased by 1.6% compared to the same period last year, and the annulus ratio decreased by 1.1%. In the first quarter, the producer prices of industrial producers dropped by 0.6% compared with the same period last year, and the purchasing prices of industrial producers fell by 0.8%.

　　 I. Changes in industrial producer prices over the same period

Producer prices fell by 2.4% year-on-year in the producer price of industrial producers, a 1.4 percentage point increase from last month, and a drop of about 1.79 percentage points to the total level of producer prices. Among them, the price of the extractive industry dropped by 4%, the price of raw material industry decreased by 5.2%, and the price of processing industry dropped by 1.2%. The price of living goods rose by 1.2% over the same period last year, or 0.2 percentage points lower than that of the previous month, affecting the total producer price level of industrial producers by about 0.32 percentage points. Among them, food prices rose by 4.5%, clothing prices fell by 0.5%, general commodity prices rose 0.1%, and durable consumer goods prices dropped by 1.9%.

Industrial producer prices, chemical raw materials prices fell by 7.2%, non-ferrous metals and wire prices fell 4.8%, fuel power prices fell 4%, ferrous metal materials prices dropped 0.2%; agricultural and sideline products prices rose 7.2%, construction materials and non-metallic prices rose 3.1%.

　　 Two, the change of industrial producer price chain ratio.

Producer prices in industrial producer prices fell by 1.2%, down 0.5 percentage points from last month, and the total level of producer prices dropped by about 0.91 percentage points. Among them, the price of the extractive industry dropped by 3.5%, the price of raw material industry decreased by 2.7%, and the price of processing industry dropped by 0.5%. The price of living goods decreased by 0.2%, which affected the total producer price of industrial producers by about 0.05 percentage points. Among them, the prices of food and clothing decreased by 0.3%, the prices of general commodities decreased by 0.2%, and the prices of durable consumer goods dropped by 0.1%.

In the purchasing price of industrial producers, the price of non-ferrous metals and wires dropped by 3.1%, fuel power prices dropped by 2.6%, ferrous metal materials prices dropped by 0.5%, wood and pulp prices increased by 0.5%.