In August 2019, The Producer Price Of Industrial Producers Dropped By 0.8% Compared To The Same Period Last Year.

According to the National Bureau of statistics, in August 2019, the producer prices of industrial producers fell by 0.8% over the same period last year, down by 0.1% compared to the same period, and the purchasing prices of industrial producers fell by 1.3% over the same period last year, down 0.2% from the same period. From 1 to August, the producer price of industrial producers increased by 0.1% over the same period last year, and the purchasing price of industrial producers dropped by 0.2%.

　 I. Changes in industrial producer prices over the same period

Producer prices fell by 1.3% year-on-year in the producer price of industrial producers, a 0.6 percentage point increase from last month, and a drop of about 0.98 percentage points to the total level of producer prices. Among them, the price of extractive industry increased by 2.8%, the price of raw material industry decreased by 3.5%, and the price of processing industry dropped by 0.8%. The price of living goods rose by 0.7% over the same period last year, or 0.1 percentage points lower than that of the previous month, affecting the total producer price level of industrial producers by about 0.18 percentage points. Among them, food prices rose 2.6%, clothing prices rose 0.9%, general commodity prices rose 0.6%, durable consumer goods prices fell 2%.

In the purchasing price of industrial producers, black metal materials, building materials and non-metallic prices rose by 3.8%, the prices of agricultural and sideline products increased by 2.9%, chemical raw materials prices dropped by 6.8%, fuel power prices dropped by 3.2%, non-ferrous metal materials and wire prices dropped by 2.3%.

　　 Two, the change of industrial producer price chain ratio.

Producer prices in industrial producer prices fell by 0.2%, a decrease of 0.1 percentage points from last month, and the total level of producer prices dropped by about 0.12 percentage points. Among them, mining industry prices rose 0.2%, raw material industry prices were flat, processing industry prices fell by 0.3%. The price of living goods rose from flat to 0.2%, affecting the total level of industrial producers to rise by about 0.06 percentage points. Among them, food prices rose 0.8%, clothing prices were flat, general commodity prices rose 0.1%, durable consumer goods prices fell 0.5%.

In the purchasing price of industrial producers, the prices of agricultural and sideline products increased by 1.3%; the prices of ferrous metal materials dropped by 0.8%, fuel power prices dropped by 0.7%, chemical raw materials prices dropped by 0.6%, non-ferrous metal materials and wire prices dropped by 0.3%.