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Location: Data Center > Finance News > Content
Producer Prices in the Industrial Sector for March 2021

http://data.acmr.com.cn  2021/4/13  National Bureau of Statistics of China

In March 2021, Producer Price Index (PPI) for manufactured goods rose  by 4.4 percent year-on-year and 1.6 percent month-on-month. The purchasing price  index for manufactured goods increased by 5.2 percent year-on-year and 1.8  percent month-on-month. From January to March, on average, the producer price of  industrial products increased by 2.1 percent over the same period last year, and  the purchasing price of industrial products increased by 2.8  percent.


1. Year-on-Year Changes of Prices of Different  Categories


Among the PPI for manufactured goods, the year-on-year producer  prices for means of production increased by 5.8 percent, and the pace of growth  enlarged 3.5 percentage points than that of last month, affecting 4.32  percentage points increase in the overall level of producer price. Of which,  producer prices for mining and quarrying industry, raw materials industry,  manufacturing and processing industry increased by 12.3, 10.1 and 3.4 percent.  Producer prices for consumer goods changed from 0.2 percent of decreased in last  month to 0.1 percent, meaning 0.04 percentage point increase in the overall  price level. Of which, producer prices for foodstuff increased by 2.0 percent,  while that of clothing fell by 0.8 percent, that of commodities was flat, and  that of durable consumer goods decreased by 1.4 percent.


Among the purchaser price index, the year-on-year purchaser price  indices for non-ferrous metal materials and wires, ferrous metal materials,  chemical raw materials and fuel and power jumped by 17.3, 15.6, 7.1 and 2.7  percent.


2. Month-on-Month Changes of Prices of Different  Categories


Among the PPI for manufactured goods, the prices for means of  production went up by 2.0 percent month-on-month, enlarged 0.9 percentage point  over last month, affecting 1.52 percentage points increase in the overall level  of producer price. Of the total, producer prices for mining and quarrying  industry increased by 1.0 percent, that of raw materials industry increased by  3.9 percent and that of manufacturing and processing industry rose by 1.3  percent. The prices of consumer goods increased by 0.2 percent, affecting 0.05  percentage point increase in the overall level of producer price. Of which, the  producer prices for foodstuff increased by 0.2 percent, that of clothing and  durable consumer goods both rose by 0.3 percent, while that of commodities was  flat.


The month-on-month purchaser price indices for chemical raw  materials, non-ferrous metal materials and wire, ferrous metals materials and  fuel and power, respectively increased by 4.8, 3.8, 3.0 and 1.4  percent.

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