Industrial Producers' Ex Factory Prices In December 2022 Fell 0.7% Year On Year And 0.5% Month On Month

In December 2022, the ex factory price of industrial producers across the country dropped 0.7% year on year and 0.5% month on month; The purchase price of industrial producers rose 0.3% year on year and fell 0.4% month on month. In 2022, the ex factory price of industrial producers will rise by 4.1% over the previous year, and the purchase price of industrial producers will rise by 6.1%.

1、 Year on year changes in industrial producer prices in December

Among the ex factory prices of industrial producers, the price of means of production dropped by 1.4%, affecting the overall level of ex factory prices of industrial producers by about 1.09 percentage points. Among them, the price of extractive industry increased by 1.7%, the price of raw material industry increased by 1.2%, and the price of processing industry decreased by 2.7%. The price of means of living rose by 1.8%, which affected the overall level of factory prices of industrial producers by about 0.44 percentage points. Among them, food prices rose 3.2%, clothing prices rose 2.4%, general commodity prices rose 1.3%, and durable consumer goods prices rose 0.6%.

Among the purchase prices of industrial producers, the price of fuel and power increased by 7.6%, and the price of agricultural and sideline products increased by 7.0%; The prices of ferrous materials fell by 9.2%, building materials and non-metallic materials by 6.1%, chemical raw materials by 4.6%, and non-ferrous materials and wires by 1.9%.

2、 Change of industrial producer prices in December on a month on month basis

Among the ex factory prices of industrial producers, the price of means of production dropped by 0.6%, affecting the overall level of ex factory prices of industrial producers by about 0.42 percentage points. Among them, the price of mining industry dropped by 1.4%, the price of raw material industry dropped by 0.8%, and the price of processing industry dropped by 0.3%. The price of means of living fell by 0.2%, which affected the overall level of factory prices of industrial producers by about 0.04 percentage points. Among them, food prices fell by 0.6%, clothing prices fell by 0.2%, and the prices of general commodities and durable consumer goods rose by 0.1%.

Among the purchase prices of industrial producers, the prices of agricultural and sideline products fell by 1.8%, the prices of chemical raw materials fell by 0.9%, the prices of fuel and power fell by 0.7%, and the prices of building materials and non-metallic materials fell by 0.1%; The prices of non-ferrous materials and wires rose by 0.9%, while those of ferrous materials rose by 0.4%.