National Bureau Of Statistics: In July 2021, The Ex Factory Prices Of Industrial Producers Rose By 9.0% Year On Year And 0.5% On A Month On Month Basis

In July 2021, the ex factory prices of industrial producers in China increased by 9.0% year-on-year and 0.5% month on month; The purchase price of industrial producers increased by 13.1% year-on-year and 0.9% month on month. From January to July, the ex factory prices of industrial producers rose by 5.7% over the same period last year, and the purchase prices of industrial producers rose by 7.9%.

I. year on year changes in industrial producer prices

Among the ex factory prices of industrial producers, the price of means of production rose by 12.0%, which affected the overall level of ex factory prices of industrial producers by about 8.95 percentage points. Among them, the prices of mining industry, raw material industry and processing industry increased by 38.7%, 17.9% and 7.5%, respectively. The price of means of living rose by 0.3%, which affected the overall level of producer's ex factory price by about 0.08%. Among them, the price of food increased by 1.0%, the price of clothing decreased by 0.4%, the price of general daily necessities increased by 0.5%, and the price of durable consumer goods decreased by 0.3%.

Among the purchase prices of industrial producers, the prices of ferrous metal materials increased by 27.9%, the prices of non-ferrous metal materials and wires increased by 23.4%, the prices of fuel and power increased by 23.3%, and the prices of chemical raw materials increased by 18.2%.

2. Month on month changes in industrial producer prices

Among the ex factory prices of industrial producers, the price of means of production rose by 0.6%, which affected the rise of the total ex factory price of industrial producers by about 0.50%. Among them, the prices of mining industry, raw material industry and processing industry increased by 5.2%, 0.8% and 0.1%, respectively. The price of means of living rose by 0.1%, which affected the overall level of industrial producers' ex factory prices by about 0.03 percentage points. Among them, the prices of food and general daily necessities were flat, while the prices of clothing and durable consumer goods increased by 0.2%.

Among the purchase prices of industrial producers, the price of fuel and power increased by 3.2%, the price of ferrous metal materials increased by 1.1%, the price of chemical raw materials increased by 0.9%, and the prices of non-ferrous metal materials and wires were flat.