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Economy

National Bureau of Statistics: In June, PPI decreased by 5.4% year-on-year and 0.8% month on month

2023-07-10   

According to the website of the National Bureau of Statistics, in June 2023, the factory prices of industrial producers nationwide decreased by 5.4% year-on-year and 0.8% month on month; The purchasing prices of industrial producers decreased by 6.5% year-on-year and 1.1% month on month. In the first half of the year, the factory prices of industrial producers decreased by 3.1% compared to the same period last year, and the purchase prices of industrial producers decreased by 3.0%. 1、 Year on year changes in industrial producer prices in June, among the ex factory prices of industrial producers, the price of Means of production fell by 6.8%, affecting the overall level of ex factory prices of industrial producers by 5.26 percentage points. Among them, the prices of the mining industry decreased by 16.2%, the prices of the raw material industry decreased by 9.5%, and the prices of the processing industry decreased by 4.7%. The price of means of living has decreased by 0.5%, affecting the overall level of factory prices for industrial producers by about 0.17 percentage points. Among them, food prices decreased by 0.6%, clothing prices increased by 1.0%, general commodity prices increased by 0.3%, and durable consumer goods prices decreased by 1.5%. Among the purchase prices of industrial producers, the prices of chemical raw materials fell by 13.0%, Ferrous materials by 11.2%, fuel and power by 11.1%, building materials and non-metallic materials by 5.5%, non-ferrous materials and wires by 4.9%, and agricultural and sideline products by 3.6%. 2、 The month on month changes in industrial producer prices in June, among the ex factory prices of industrial producers, the price of Means of production fell by 1.1%, which affected the overall level of ex factory prices of industrial producers by about 0.78 percentage points. Among them, the prices of the mining industry decreased by 3.5%, the prices of the raw material industry decreased by 1.6%, and the prices of the processing industry decreased by 0.6%. The price of means of living has decreased by 0.2%, affecting the overall level of factory prices for industrial producers by about 0.04 percentage points. Among them, food prices decreased by 0.2%, clothing prices increased by 0.3%, general commodity prices increased by 0.1%, and durable consumer goods prices decreased by 0.4%. Among the purchase prices of industrial producers, the prices of fuel and power, chemical raw materials, building materials and non-metallic materials, Ferrous materials, agricultural and sideline products, nonferrous metal materials and wires dropped by 2.8%, 2.0%, 1.6%, 1.3%, 1.0%, and 0.5% respectively; The price of textile raw materials increased by 0.3%. (New News Agency)

Edit:Hou Wenzhe Responsible editor:WeiZe

Source:economic daily

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