Industrial producer prices rose by 3.1% year-on-year in March 2018

In March 2018, the ex-factory price of industrial producers nationwide rose by 3.1% year-on-year, a decrease of 0.2% from the previous period. The purchase price of industrial producers rose by 3.7% year-on-year, a decrease of 0.3% year-on-year. In the first quarter, the ex-factory price of industrial producers increased by 3.7% year-on-year. Industrial producer purchase prices rose by 4.4% year-on-year.

I. The year-on-year change in the prices of industrial producers

Among the ex-factory prices of industrial producers, the price of production materials rose by 4.1% year-on-year, affecting the total level of ex-factory prices of industrial producers by about 3.09 percentage points. Among them, the price of extractive industries rose by 5.0%, the price of raw materials industry increased by 5.1%, and the price of processing industries rose by 3.7. %. The price of living materials rose by 0.2% year-on-year, affecting the overall level of ex-factory prices of industrial producers by about 0.04 percentage points. Among them, food prices remained flat, clothing prices rose by 0.3%, general commodity prices rose by 0.9%, and durable consumer goods prices fell by 0.3%.

In the purchase prices of industrial producers, the prices of building materials and non-metal products rose by 11.4% year-on-year, the prices of non-ferrous metal materials and wires rose by 6.8%, the prices of ferrous metal materials increased by 5.3%, and the prices of fuel-powered materials rose by 4.9%; agricultural and sideline products Class price decreased by 1.0%.

Second, the price changes of industrial producers

In the ex-factory price of industrial producers, the price of production materials fell by 0.2% month-on-month, affecting the total level of ex-factory prices of industrial producers by about 0.14 percentage point. Among them, the price of extractive industry fell by 0.8%, the price of raw materials industry decreased by 0.5%, and the price of processing industry remained flat. The price of living materials fell by 0.2% month-on-month, affecting the overall level of ex-factory prices of industrial producers by about 0.04 percentage point. Among them, food and clothing prices both fell by 0.2%, and the prices of daily necessities and durable consumer goods both fell by 0.1%.

Among the purchase prices of industrial producers, prices of wood and pulp rose by 0.5% month-on-month, and those of ferrous metals rose by 0.2%; prices of fuel power, non-ferrous metal materials and wires all dropped by 0.8%.

Main data of industrial producer prices in March 2018

March

January-March average

Year-on-year increase and decrease
(%)

Momentary increase and decrease

(%)

Year-on-year increase and decrease
(%)

First, the ex-factory price of industrial producers

-0.2

3.1

3.7

Production materials

-0.2

4.1

4.9

mining

-0.8

5.0

6.1

Raw materials

-0.5

5.1

6.1

Processing

0.0

3.7

4.3

Living information

-0.2

0.2

0.3

food

-0.2

0.0

0.0

clothes

-0.2

0.3

0.5

General daily necessities

-0.1

0.9

1.1

Durable consumer goods

-0.1

-0.3

-0.2

Second, the purchase price of industrial producers

-0.3

3.7

4.4

Fuel, Power

-0.8

4.9

5.7

Black metal materials

0.2

5.3

7.1

Non-ferrous metal materials and wires

-0.8

6.8

8.5

Chemical raw materials

-0.3

3.4

4.5

Wood and Pulp

0.5

6.5

6.6

Building materials and non-metallic materials

-0.1

11.4

11.9

Other industrial raw materials and semi-finished products

0.0

1.3

1.5

Agricultural and sideline products

-0.9

-1.0

-0.4

Textile raw materials

0.2

1.7

1.9

III. Ex-factory prices of major industrial producers

Coal mining and washing industry

0.3

5.8

4.8

Oil and gas exploration

-4.4

6.9

10.3

Ferrous metal mining industry

0.6

-2.2

1.2

Non-ferrous metal mining industry

0.6

9.5

10.4

Non-metallic mining industry

0.2

7.8

8.0

Agricultural and food processing industry

-0.2

-0.5

-0.8

Food manufacturing

0.0

1.2

1.2

Wine, Beverages and Refined Tea Manufacturing

0.2

1.7

1.6

Tobacco industry

0.0

0.0

0.0

Textile Industry

0.2

1.7

1.8

Textile and Apparel, Apparel Industry

-0.2

0.4

0.7

Wood processing and wood, bamboo, rattan, brown, grass products industry

0.2

1.2

1.3

Paper and paper products industry

1.3

9.2

8.5

Printing and recording media reproduction

0.1

1.7

1.7

Petroleum, coal and other fuel processing

-2.0

8.5

9.8

Chemical raw materials and chemical products manufacturing

-0.4

5.2

6.5

Pharmaceutical manufacturing

0.2

2.6

2.6

Chemical fiber manufacturing

0.3

3.5

4.1

Rubber and Plastic Products

0.0

1.2

1.7

Non-metallic mineral products industry

-0.4

12.0

12.8

Ferrous metal smelting and rolling processing industry

0.6

9.4

12.0

Non-ferrous metal smelting and rolling processing industry

-0.7

6.1

8.0

Metal products industry

0.4

4.7

5.0

General equipment manufacturing

0.1

1.5

1.5

Automotive Manufacturing

-0.2

0.3

0.2

Railways, ships, aerospace and other transport equipment manufacturing

0.1

1.1

1.2

Computers, communications and other electronic equipment manufacturing

-0.4

-2.6

-2.3

Electricity, heat production and supply

0.0

-0.4

-0.4

Gas production and supply

-1.7

2.2

3.3

Water production and supply

-0.1

1.7

1.9

Notes

1. Explanation of indicators

The Industrial Producer Price Index includes the Producer Price Index for Industrial Products (PPI) and the Industrial Producer Purchase Price Index.

The ex-factory price index of industrial producers reflects the changing trend and variation range of ex-factory prices at the time of the first sale of industrial products.

The industrial producer purchase price index reflects the change trend and the extent of change in the purchase price of industrial products as intermediate inputs.

2. Scope of statistics

The statistics on the ex-factory prices of industrial producers cover the prices of more than 20,000 industrial products in 1638 basic categories; the statistics on purchase prices of industrial producers cover the prices of more than 10,000 industrial products in more than 900 basic categories.

3. Survey method

Industrial Producer Price Survey adopts a survey method that combines key surveys and typical surveys. Companies that have a business income of over 20 million yuan a year have adopted key survey methods; enterprises with a business income of less than 20 million yuan a year have adopted a typical survey method. The producer price survey involves more than 50,000 industrial enterprises in the country.

4. Statistical standards

The basis of the industrial industry division criteria is the "National Economic Sector Classification" (GB/T4754-2017).

2016 GoodChinaBrand | ICP: 12011751 | China Exports