Industrial producers’ ex-factory prices rose by 2.7% year-on-year in November 2018

In November 2018, the ex-factory price of industrial producers nationwide rose by 2.7% year-on-year and 0.2% quarter-on-quarter. The purchase price of industrial producers rose by 3.3% year-on-year, which was flat. From January to November, the ex-factory price of industrial producers rose by 3.8% over the same period last year, and the purchase price of industrial producers rose by 4.4%.

I. Year-on-year changes in the prices of industrial producers

Among the ex-factory prices of industrial producers, the price of production materials rose by 3.3% year-on-year, affecting the total level of ex-factory prices of industrial producers by about 2.47 percentage points. Among them, the price of mining industry rose by 9.2%, the price of raw material industry rose by 4.6%, and the price of processing industry rose by 2.2%. The price of living materials rose by 0.8% year-on-year, affecting the overall level of ex-factory prices of industrial producers by about 0.20 percentage points. Among them, food prices rose by 1.1%, clothing prices rose by 1.5%, general commodity prices rose by 0.8%, and durable consumer goods prices rose by 0.1%.

Among industrial producers’ purchase prices, construction materials and non-metals prices rose by 9.3% year-on-year, fuel-powered prices rose by 7.9%, ferrous metal materials prices rose by 5.5%, and non-ferrous metal materials and wire prices fell by 2.1%.

Second, the industrial producer price changes

Among the ex-factory prices of industrial producers, the price of production materials fell by 0.3% from the previous month, affecting the total level of ex-factory prices of industrial producers by about 0.25 percentage points. Among them, the price of mining industry fell by 1.3%, the price of raw material industry fell by 1.1%, and the price of processing industry was flat. The price of living materials rose by 0.2% month-on-month, affecting the total level of ex-factory prices of industrial producers by about 0.04 percentage points. Among them, food prices rose 0.2%, clothing prices rose 0.4%, and general daily necessities and durable consumer goods prices rose 0.1%.

Among industrial producers’ purchase prices, construction materials and non-metals prices rose by 1.5%, ferrous materials prices rose by 0.4%, fuel-power prices fell by 0.1%, and non-ferrous materials and wire prices fell by 0.3%.

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Post time: Dec-17-2018
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