In July, The Factory Price Of Industrial Producers Decreased By 2.4% Year-On-Year And Increased By 0.4% Month On Month
In July 2020, the ex factory prices of industrial producers in China decreased by 2.4% year-on-year and increased by 0.4% month on month; the purchase prices of industrial producers decreased by 3.3% year-on-year and increased by 0.9% month on month. From January to July, the ex factory price of industrial producers decreased by 2.0% compared with the same period last year, and the purchase price of industrial producers decreased by 2.7%.
I. year on year changes in industrial producer prices
Among the ex factory prices of industrial producers, the price of means of production decreased by 3.5% year-on-year, 0.7% lower than that of the previous month, which affected the overall level of ex factory prices of industrial producers by about 2.56%. Among them, the prices of mining industry, raw material industry and processing industry decreased by 7.1%, 6.9% and 1.8%, respectively. The price of means of living rose by 0.7% year-on-year, 0.1 percentage point higher than that of the previous month, which affected the overall level of factory prices of industrial producers to rise by about 0.19%. Among them, the price of food increased by 3.7%, the price of clothing decreased by 1.1%, the price of general daily necessities decreased by 0.8%, and the price of durable consumer goods decreased by 1.6%.
Among the purchase prices of industrial producers, the prices of fuel and power decreased by 10.8%, the prices of chemical raw materials decreased by 8.9%, the prices of ferrous materials decreased by 2.8%, the prices of non-ferrous materials and wires decreased by 0.3%, and the prices of agricultural and sideline products increased by 6.8%.
Second, producer price changes on a month on month basis
Among the ex factory prices of industrial producers, the price of means of production rose by 0.5%, the same as that of the previous month, which affected the overall level of ex factory prices of industrial producers by about 0.34%. Among them, the prices of mining industry, raw material industry and processing industry increased by 3.1%, 0.9% and 0.1%, respectively. The price of means of living rose by 0.1%, the same as that of the previous month, which affected the overall level of the ex factory prices of industrial producers to rise by about 0.04%. Among them, the price of food increased by 0.6%, the price of clothing decreased by 0.3%, the price of general daily necessities decreased by 0.2%, and the price of durable consumer goods remained unchanged.
Among the purchase prices of industrial producers, the prices of nonferrous metal materials and wires increased by 3.0%, the prices of fuel and power increased by 2.5%, the prices of agricultural and sideline products increased by 1.4%, the prices of ferrous materials increased by 0.9%, and the prices of building materials and non-metallic materials decreased by 0.6%.
Main data of industrial producer prices in July 2020
| - | Month on month increase / decrease | Year on year increase / decrease | Year on year increase / decrease from January to July | ||
| 1、 Ex factory price of industrial producers | zero point four | -2.4 | -2 | ||
| Means of production | zero point five | -3.5 | -3 | ||
| Mining | three point one | -7.1 | -6.1 | ||
| raw material | zero point nine | -6.9 | -6.1 | ||
| machining | zero point one | -1.8 | -1.6 | ||
| Means of living | zero point one | zero point seven | one | ||
| food | zero point six | three point seven | four | ||
| clothing | -0.3 | -1.1 | -0.6 | ||
| General daily necessities | -0.2 | -0.8 | -0.2 | ||
| durable consumer goods | zero | -1.6 | -1.9 | ||
| 2、 Industrial producer purchase price | zero point nine | -3.3 | -2.7 | ||
| Fuel and power | two point five | -10.8 | -8.1 | ||
| Ferrous materials | zero point nine | -2.8 | -1.1 | ||
| Non ferrous metal materials and wires | three | -0.3 | -3.2 | ||
| Chemical raw materials | -0.1 | -8.9 | -8.2 | ||
| Wood and pulp | zero point three | -2.1 | -2.6 | ||
| Building materials and nonmetal | -0.6 | -0.9 | one point five | ||
| Other industrial raw materials and semi-finished products | zero point two | -0.1 | -0.2 | ||
| agricultural byproduct | one point four | six point eight | six point seven | ||
| Textile raw materials | -0.2 | -3.9 | -3.5 | ||
| 3、 Ex factory price of major industries | - | - | - | ||
| Coal mining and washing industry | zero point six | -7.4 | -6.1 | ||
| Oil and gas extraction | twelve | -27.8 | -27.2 | ||
| Mining and beneficiation of ferrous metals | two point seven | -0.5 | four point one | ||
| Nonferrous metal mining and dressing industry | two point five | five point two | three point three | ||
| Non metallic ore mining and dressing industry | -0.3 | zero point eight | one point seven | ||
| Agricultural and sideline food processing industry | one | six point four | six point three | ||
| Food manufacturing | zero | zero point five | zero point seven | ||
| Wine, beverage and refined tea manufacturing | zero point two | zero point four | zero point eight | ||
| Tobacco products industry | zero point one | zero point nine | one point eight | ||
| textile industry | -0.7 | -6 | -4.4 | ||
| Clothing industry | -0.2 | -1.3 | -0.9 | ||
| Wood processing and wood, bamboo, rattan, palm, grass products industry | zero | -1.4 | -0.5 | ||
| Paper and paper products industry | zero point eight | -3.5 | -3.6 | ||
| Printing and recording media reproduction | -0.4 | -1.7 | -0.9 | ||
| Petroleum, coal and other fuel processing industries | three point four | -17 | -13 | ||
| Chemical raw materials and chemical products manufacturing industry | -0.1 | -7.5 | -6.7 | ||
| Pharmaceutical manufacturing industry | -0.1 | zero point five | zero point eight | ||
| Chemical fiber manufacturing | -1.6 | -16.2 | -14.1 | ||
| Rubber and plastic products | -0.3 | -2.3 | -1.8 | ||
| Non metallic mineral products industry | -0.8 | -2.5 | -1 | ||
| Ferrous metal smelting and calendering industry | one point one | -4.6 | -4.2 | ||
| Nonferrous metal smelting and calendering industry | three point one | zero point seven | -1.7 | ||
| Metal products industry | zero point one | -0.4 | -0.1 | ||
| General equipment manufacturing industry | zero | -0.4 | zero | ||
| Automobile manufacturing industry | zero point one | -0.4 | -0.5 | ||
| Manufacturing of railway, ship, aerospace and other transportation equipment | zero | zero point four | zero point seven | ||
| Computer, communication and other electronic equipment manufacturing industry | -0.3 | -0.8 | -1.4 | ||
| Electric power, heat production and supply industry | -0.3 | -2.3 | -1.9 | ||
| Gas production and supply | zero point two | -5.7 | -4.2 | ||
| Water production and supply | zero point one | -0.2 | zero point two | ||
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