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Location: Data Center > Finance News > Content
 
Producer Prices in the Industrial Sector for May 2022

http://data.acmr.com.cn  2022/6/20  National Bureau of Statistics of China


In May 2022, Producer Price Index (PPI) for manufactured goods rose by 6.4 percent year-on-year and 0.1 percent month on month; the purchasing price of industrial products increased by 9.1 percent year-on-year and 0.5 percent month on month. From January to May, the producer price of industrial products increased by 8.1 percent over the same period last year, and the purchasing price of industrial products increased by 10.8 percent.

 

 

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

 

Among the PPI for manufactured goods,the price of means of production increased by 8.1 percent, affecting the overall level of producer price of industrial products up by about 6.17 percentage point. Among them, the price of mining industry increased by 29.7 percent, the price of raw material industry increased by 15.1 percent, and the price of processing industry increased by 3.2 percent. The price of means of living rose by 1.2 percent, affecting the overall level of producer price of industrial products up by about 0.27 percentage point. Among them, the prices of food and clothing increased by 2.2 and 1.2 percent, the prices of general daily necessities increased by 1.5 percent, while the prices of durable consumer goods decreased by 0.1 percent.

 

Among the purchaser prices of industrial products, the prices of fuel and power increased by 31.6 percent, the prices of chemical raw materials increased by 10.5 percent, the prices of non-ferrous metal materials and wires increased by 9.5 percent, while the prices of ferrous metal materials decreased by 0.5 percent.

 

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

 

Among the PPI for manufactured goods,the price of means of production increased by 0.1 percent, affecting the overall level of producer price of industrial products up by about 0.06 percentage points. Among them, the price of mining industry decreased by 0.1 percent, the price of raw material industry increased by 0.1 percent, and the price of processing industry increased by 0.1 percent. The price of means of living rose by 0.3 percent, affecting the overall level of producer price of industrial products up by about 0.08 percentage point. Among them, food prices rose by 0.6 percent, clothing prices rose by 0.5 percent, general commodity prices rose by 0.2 percent, and durable consumer goods prices rose by 0.1 percent.

 

Among the purchaser prices of industrial products, the prices of fuel and power increased by 0.4 percent, the prices of chemical raw materials increased by 0.2 percent, the prices of ferrous metal materials increased by 0.1 percent, while the prices of non-ferrous metal materials and wires decreased by 0.2 percent.

 



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