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The Ex Factory Prices Of Industrial Producers Fell By 3.0% Year On Year In June

2020/7/9 17:10:00 0

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PPI Producer Price Index Economic Operation

In June 2020, the factory price of industrial producers in China decreased by 3.0% year-on-year and increased by 0.4% month on month; the purchase price of industrial producers decreased by 4.4% year-on-year and increased by 0.4% month on month. In the first half of the year, the ex factory prices of industrial producers decreased by 1.9% compared with the same period last year, and the purchase prices of industrial producers decreased by 2.6%.

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 4.2% year-on-year, 0.9% lower than that of the previous month, which affected the overall level of ex factory prices of industrial producers by about 3.11%. Among them, the price of mining industry decreased by 10.5%, the price of raw material industry decreased by 8.5%, and the price of processing industry decreased by 2.0%. The price of means of living rose by 0.6% 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 0.16%. Among them, the price of daily necessities increased by 8.0%, while the price of daily necessities decreased by 8.0%.

Among the purchase prices of industrial producers, the prices of fuel and power decreased by 14.2%, the prices of chemical raw materials decreased by 9.4%, the prices of non-ferrous metal materials and wires decreased by 3.3%, the prices of ferrous materials decreased by 2.2%, and the prices of agricultural and sideline products increased by 5.8%.

2. Month on month changes in industrial producer prices

Among the ex factory prices of industrial producers, the prices of means of production increased by 0.5% compared with the previous month, which affected the overall level of ex factory prices of industrial producers to rise by about 0.40%. Among them, the prices of mining industry, raw material industry and processing industry increased by 4.9%, 0.7% and 0.2%, respectively. The price of means of living decreased from 0.3% to 0.1% month on month, which affected the overall level of industrial producer's ex factory price to increase by about 0.03%. Among them, the price of food increased by 0.3%, the price of clothing and durable consumer goods decreased by 0.1%, and the price of general daily necessities remained unchanged.

Among the purchase prices of industrial producers, the prices of nonferrous metal materials and wires increased by 1.8%, the prices of fuel power and ferrous metals increased by 1.2%, the prices of agricultural and sideline products increased by 0.4%, and the prices of chemical raw materials decreased by 0.1%.

Main data of industrial producer prices in June 2020

?	Month on month increase / decrease	Year on year increase / decrease	Year on year increase / decrease in the first half of the year
?	Month on month increase / decrease	Year on year increase / decrease
1、 Ex factory price of industrial producers	zero point four	-3	-1.9
Means of production	zero point five	-4.2	-3
Mining	four point nine	-10.5	-6
raw material	zero point seven	-8.5	-5.9
machining	zero point two	-2	-1.5
Means of living	zero point one	zero point six	one
food	zero point three	three point two	four point one
clothing	-0.1	-0.8	-0.5
General daily necessities	zero	-0.3	-0.1
durable consumer goods	-0.1	-1.8	-1.9
2、 Industrial producer purchase price	zero point four	-4.4	-2.6
Fuel and power	one point two	-14.2	-7.7
Ferrous materials	one point two	-2.2	-0.8
Non ferrous metal materials and wires	one point eight	-3.3	-3.7
Chemical raw materials	-0.1	-9.4	-8
Wood and pulp	-0.2	-2.9	-2.7
Building materials and nonmetal	-0.4	-0.4	one point nine
Other industrial raw materials and semi-finished products	zero	-0.4	-0.2
agricultural byproduct	zero point four	five point eight	six point seven
Textile raw materials	-0.4	-4	-3.4
3、 Ex factory price of major industries	-	-	-
Coal washing and mining	-0.7	-9.3	-5.9
Oil and gas extraction	thirty-eight point two	-39.1	-27
Mining and dressing of ferrous metals	two point nine	one point three	five
Nonferrous metal mining and dressing industry	one point two	three point two	three
Non metallic ore mining and dressing industry	zero point one	one point seven	one point eight
Agricultural and sideline food processing industry	zero point four	five point four	six point three
Food manufacturing	zero point one	zero point five	zero point seven
Tea and wine industry	zero point two	zero point four	zero point eight
Tobacco products industry	zero	zero point seven	one point nine
textile industry	-0.8	-5.6	-4.1
Textile and garment industry	-0.2	-0.9	-0.8
Wood processing and wood, bamboo, rattan, palm, grass products industry	-0.3	-1.3	-0.4
Paper and paper products industry	-0.6	-5	-3.7
Printing and recording media reproduction	-0.6	-1.4	-0.7
Petroleum, coal and other fuel processing industries	one point seven	-21.6	-12.3
Chemical raw materials and chemical products manufacturing industry	zero point four	-7.9	-6.5
Pharmaceutical manufacturing industry	zero	zero point six	zero point eight
Chemical fiber manufacturing	zero point three	-14.5	-13.8
Rubber and plastic products	zero point one	-2.1	-1.7
Non metallic mineral products industry	-0.3	-2	-0.8
Ferrous metal smelting and calendering industry	one point nine	-5.1	-4.1
Nonferrous metal smelting and calendering industry	one point nine	-2.2	-2.2
Metal products industry	zero point two	-0.2	zero
General equipment manufacturing industry	-0.1	-0.3	zero point one
Automobile manufacturing industry	-0.1	-0.4	-0.5
Manufacturing of railway, ship, aerospace and other transportation equipment	zero	zero point six	zero point seven
Computer, communication and other electronic equipment manufacturing industry	zero point one	-1	-1.5
Power supply and power supply	-0.3	-2.6	-1.8
Gas production and supply	-1.4	-6.5	-3.9
Water production and supply	zero	-0.2	zero point three