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

http://data.acmr.com.cn  2021/12/22  National Bureau of Statistics of China


In November 2021, Producer Price Index (PPI) for manufactured goods rose by 12.9 percent year-on-year and unchanged month on month; the purchase price of industrial producers increased by 17.4 percent year-on-year and 1.0 percent month on month. From January to November, on average, the producer price of industrial products increased by 7.9 percent over the same period last year, and the purchasing price of industrial products increased by 10.7 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 17.0 percent, affecting 12.66 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 60.5, 25.0 and 10.1 percent. Producer prices for consumer goods increased by 1.0 percent, meaning 0.26 percentage point increase in the overall price level. Of which, producer prices for foodstuff, clothing, commodities and durable consumer goods increased by 1.6, 1.2, 1.4 and 0.1 percent.



Among the purchaser price index, the year-on-year purchaser price indices for fuel and power, chemical raw materials, non-ferrous metal materials and wires and ferrous metal materials, jumped by 43.8, 25.1, 24.7 and 19.4 percent respectively.

 

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

 

Among the PPI for manufactured goods, the prices for means of production went down by 0.1 percent month-on-month, affecting 0.06 percentage point decrease in the overall level of producer price. Of the total, producer prices for mining and quarrying industry fell by 2.1 percent, that of raw materials industry rose by 0.9 percent and that of manufacturing and processing industry decreased by 0.3 percent. The prices of consumer goods rose by 0.4 percent, affecting 0.08 percentage point increase in the overall level of producer price. Of which, the producer prices for foodstuff, clothing and commodities rose by 0.8, 0.4 and 0.4 percent, while that of durable consumer goods dropped by 0.2 percent.

 

The month-on-month purchaser price indices for fuel and power, and chemical raw materials rose by 3.5 and 1.9 percent; that of non-ferrous metal materials and wire was flat, and that of ferrous metals materials fell by 2.3 percent.

                



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