National Bureau Of Statistics: The Ex Factory Price Of Industrial Producers Rose 4.2% Year On Year In July And Decreased By 1.3% Month On Month

In July 2022, the ex factory prices of industrial producers in China increased by 4.2% year-on-year and decreased by 1.3% month on month; The purchase price of industrial producers increased by 6.5% year-on-year and decreased by 0.9% month on month. From January to July, the ex factory prices of industrial producers rose by 7.2% over the same period last year, and the purchase prices of industrial producers rose by 9.8%.

1、 Year on year changes in industrial producer prices

Among the ex factory prices of industrial producers, the price of means of production rose by 5.0%, which affected the overall level of ex factory prices of industrial producers by about 3.81 percentage points. Among them, the prices of mining industry, raw material industry and processing industry increased by 18.8%, 11.4% and 0.9%, respectively. The price of producer goods increased by about 41.0%. Among them, food prices increased by 3.7%, clothing prices increased by 2.1%, prices of general daily necessities increased by 1.5%, and prices of durable consumer goods decreased by 0.3%.

Among the purchase prices of industrial producers, the price of fuel and power increased by 25.1%, the price of chemical raw materials increased by 8.9%, and the price of non-ferrous metal materials and wires increased by 2.8%; The price of ferrous materials decreased by 7.8%.

2、 Month on month changes in industrial producer prices

Among the ex factory prices of industrial producers, the price of means of production dropped by 1.7%, which affected the overall level of ex factory prices of industrial producers by about 1.30%. Among them, the prices of mining industry, raw material industry and processing industry decreased by 1.9%, 2.5% and 1.3%, respectively. The price of means of living rose by 0.2%, which affected the rise of the total ex factory price of industrial producers by about 0.04%. Among them, the price of food increased by 0.6%, the price of clothing increased by 0.1%, the price of general daily necessities decreased by 0.3%, and the price of durable consumer goods increased by 0.2%.

Among the purchase prices of industrial producers, the prices of nonferrous metal materials and wires decreased by 4.5%, the prices of ferrous metal materials decreased by 3.7%, the prices of chemical raw materials decreased by 1.1%, and the prices of fuel and power decreased by 0.2%; The prices of agricultural and sideline products increased by 2.0%.