Ex-factory prices of industrial producers in the country rose 6.9% YoY and 0.7% MoM in October 2017. Purchases prices of industrial producers rose 8.4% YoY and 0.9% MoM in January-October. On average, producer prices of industrial producers rose YoY on a year-on-year basis 6.5%, industrial producer purchase price rose 8.4%.
First, the year-on-year price changes of industrial producers
Of the ex-factory prices of industrial producers, the prices of means of production soared by 9.0%, affecting the overall producer price level of industrial producers by 6.7%, of which, the prices of extractive industries rose 14.7%, the prices of raw materials industries rose 11.6% and the prices of processing industries 7.5% The prices of living materials increased by 0.8% over the same period of last year, affecting the overall producer price level of industrial producers by about 0.2%, of which, food prices rose 0.6%, clothing prices rose 0.9%, general daily necessities prices rose 1.9% and durable consumer goods prices remained flat Change rate is 0).
Among the purchase prices of industrial producers, the prices of non-ferrous materials and wire products rose 19.5% YoY, the prices of ferrous materials increased 15.9%, the prices of fuel-powered products increased 10.6% and the prices of construction materials and non-metals increased 10.0%.
Second, the industrial producer price chain changes
Among the ex-factory prices of industrial producers, the prices of means of production rose by 0.9% qoq, affecting the overall producer price level of industrial producers by about 0.7 percentage points, of which, the prices of extractive industries rose 2.1%, the prices of raw materials industries rose 1.4% and the prices of processing industries 0.6 % .While the price of living materials rose 0.1%, of which, the price of food dropped by 0.1%, the prices of clothing and consumer durables rose by 0.1%, and the prices of ordinary daily necessities rose by 0.3%.
Among the purchase prices of industrial producers, the prices of non-ferrous materials and wires rose 2.0% from the previous month, while the prices of fuel power, wood and pulp rose 1.5%. The prices of ferrous materials increased 0.3%.
Key figures for industrial producer prices in October 2017
|
| October | January to October Year on year decline | |
| Chain up and down (%) | Year on year decline | ||
| First, the producer price of industrial producer | 0.7 | 6.9 | 6.5 |
| Production materials | 0.9 | 9.0 | 8.6 |
| mining | 2.1 | 14.7 | 23.2 |
| Raw materials | 1.4 | 11.6 | 12.1 |
| Processing | 0.6 | 7.5 | 6.1 |
| Living information | 0.1 | 0.8 | 0.7 |
| food | -0.1 | 0.6 | 0.7 |
| clothes | 0.1 | 0.9 | 1.3 |
| General daily necessities | 0.3 | 1.9 | 1.2 |
| Durable consumer goods | 0.1 | 0.0 | -0.1 |
| Second, the purchase price of industrial producers | 0.9 | 8.4 | 8.4 |
| Fuel, power class | 1.5 | 10.6 | 14.2 |
| Black metal material category | 0.3 | 15.9 | 16.9 |
| Non-ferrous materials and wires | 2.0 | 19.5 | 15.9 |
| Chemical raw materials | 1.3 | 9.4 | 8.4 |
| Wood and pulp category | 1.5 | 9.8 | 5.7 |
| Building materials and non-metallic | 1.3 | 10.0 | 8.1 |
| Other industrial raw materials and semi-finished products | 0.4 | 3.1 | 2.7 |
| Agricultural by-products category | -0.1 | 1.4 | 1.6 |
| Textile raw materials | 0.4 | 3.8 | 4.2 |
| Third, the major producer of industrial producer ex-factory price |
|
|
|
| Coal mining and washing industry | 2.2 | 19.7 | 33.8 |
| Oil and gas exploration industry | 5.1 | 16.5 | 31.1 |
| Black metal mining industry | -1.4 | 11.4 | 17.7 |
| Non-ferrous metal mining industry | 1.2 | 15.5 | 14.2 |
| Non-metallic mining industry | 1.3 | 7.1 | 4.4 |
| Agricultural food processing industry | -0.2 | 0.3 | 0.8 |
| Food manufacturing industry | 0.2 | 1.4 | 1.2 |
| Wine, beverage and refined tea manufacturing | 0.1 | 0.9 | 0.2 |
| Tobacco products industry | 0.0 | 0.0 | 0.0 |
| Textile industry | 0.3 | 2.7 | 3.2 |
| Textile and garment, apparel industry | 0.1 | 0.7 | 0.9 |
| Wood processing and wood, bamboo, rattan, palm, straw products industry | 0.3 | 0.8 | 0.4 |
| Paper and paper products industry | 2.6 | 16.6 | 8.8 |
| Printing and recording media reproduction industry | 0.4 | 2.2 | 1.2 |
| Petroleum Processing, Coking and Nuclear Fuel Processing | 3.2 | 15.5 | 20.6 |
| Chemical raw materials and chemical products manufacturing | 1.7 | 10.7 | 9.4 |
| Pharmaceutical manufacturing | 0.2 | 1.8 | 1.3 |
| Chemical fiber manufacturing | 1.1 | 11.6 | 9.8 |
| Rubber and plastic products industry | 0.4 | 3.4 | 2.6 |
| Non-metallic mineral products industry | 1.5 | 10.3 | 7.4 |
| Black metal smelting and rolling processing industry | 0.3 | 30.8 | 29.5 |
| Non-ferrous metal smelting and rolling processing industry | 1.4 | 20.0 | 16.7 |
| Metal products industry | 0.8 | 7.0 | 5.4 |
| General equipment manufacturing industry | 0.2 | 1.2 | 0.7 |
| Automotive Manufacturing | 0.0 | 0.1 | -0.3 |
| Railway, marine, aerospace and other transportation equipment manufacturing | 0.2 | 1.2 | 1.2 |
| Computer, communications and other electronic equipment manufacturing | 0.0 | -0.7 | -0.1 |
| Electricity, heat production and supply industry | -0.1 | -0.4 | -0.8 |
| Gas production and supply | 1.0 | 3.1 | 1.5 |
| Water production and supply | 0.0 | 2.1 | 2.0 |
Note
1. Indicator explanation
The industrial producer price index includes the Producer Price Index for Industrial Products (PPI) and the Industrial Producer Purchasing Price Index.
The ex-factory price index of industrial producers reflects the changing trends and changes in ex-factory prices of industrial enterprises when they are first sold.
The purchase price index of industrial producers reflects the changing trends and changes of purchase prices of industrial enterprises as intermediate input products.
2 statistical range
The producer price survey of industrial producers covers the prices of over 20,000 industrial products in 1,638 basic categories; the price survey of industrial producers' purchase prices covers the prices of more than 10,000 industrial products in more than 900 basic categories.
3. Method of investigation
Industrial producer price survey to focus on the investigation and the typical survey combined with the survey method in the main business income of more than 20000000 yuan of key survey methods used in the main business income of 20000000 yuan of the following enterprises using a typical survey method.Industry Producer price surveys involve more than 50,000 industrial enterprises in more than 400 cities across the country.
4. The division of industry standard is based on "Classification of National Economy" (GB / T4754-2011).