National Bureau Of Statistics: The Factory Price Of Industrial Producers Dropped 1.3% Year On Year In November

In November 2022, the ex factory prices of industrial producers in China decreased by 1.3% year-on-year and increased by 0.1% month on month; The purchase price of industrial producers decreased by 0.6% year-on-year, and remained unchanged month on month. From January to November, the ex factory prices of industrial producers rose by 4.6% over the same period last year, and the purchase prices of industrial producers rose by 6.7%.

1、 Year on year changes in industrial producer prices

Among the ex factory prices of industrial producers, the price of means of production dropped by 2.3%, which affected the overall level of ex factory prices of industrial producers by about 1.72%. Among them, the price of mining industry decreased by 3.9%, the price of raw material industry increased by 0.3%, and the price of processing industry decreased by 3.2%. The price of means of living rose by 2.0%, which affected the rise of the total ex factory price of industrial producers by about 0.46%. Among them, food prices increased by 3.9%, clothing prices increased by 2.3%, ordinary daily necessities prices increased by 1.4%, and durable consumer goods prices increased by 0.4%.

Among the purchase prices of industrial producers, the prices of ferrous metal materials decreased by 11.5%, the prices of building materials and non-metallic materials decreased by 6.5%, the prices of chemical raw materials decreased by 5.4%, and the prices of non-ferrous metal materials and wires decreased by 4.1%; The prices of agricultural and sideline products increased by 9.5%, and the prices of fuel and power increased by 4.3%.

2、 Month on month changes in industrial producer prices

Among the ex factory prices of industrial producers, the prices of means of production were flat, which affected the overall level of ex factory prices of industrial producers by about 0.03 percentage points. Among them, the price of mining industry increased by 0.9%, the price of raw material industry decreased by 0.1%, and the price of processing industry remained unchanged. 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, clothing and general daily necessities increased by 0.2%, while the prices of durable consumer goods remained unchanged. Among the purchase prices of industrial producers, the prices of nonferrous metal materials and wires increased by 0.8%, the prices of building materials and non-metallic materials increased by 0.7%, the prices of fuel and power increased by 0.6%, and the prices of agricultural and sideline products increased by 0.3%; The price of ferrous metal materials decreased by 1.4%, and the price of chemical raw materials decreased by 0.8%.