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Producer Prices for the Industrial Sector for June

China Agriculture Report By CnAgri2012-07-09 19:30:48China Agriculture Report Print

In June 2012, Producer Price Index (PPI) for manufactured goods decreased 2.1 percent, year-on-year, and 0.7 percent decrease month-on-month. The purchasing price index for manufactured goods went down by 2.5 percent year-on-year, and 0.8 percent decrease month-on-month. In the first half of this year, the PPI decreased 0.6 percent, year-on-year, the purchasing price index for manufactured goods went down by 0.3 percent year-on-year.

 

 

 

 

 

 

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

 

The year-on-year change of producer prices for means of production decreased 2.9 percent. In which, producer prices for mining and quarrying industry decreased 2.9 percent; that of raw materials industry decreased 3.0 percent, while that of manufacturing and processing industry decreased 2.9 percent. Producer prices for consumer goods went up by 0.7 percent. Of which, producer prices for foodstuff increased 1.3 percent, that of clothing increased 2.1 percent, that of commodities up by 0.9 percent, while that of durable consumer goods dropped 1.2 percent.

 

The year-on-year purchaser price indexes for non-ferrous metal materials and wires decreased 7.6 percent, ferrous metals materials declined 6.7 percent, chemical raw materials decreased 5.0 percent, fuel and power kept at the same level (the amount of change was 0), wood and pulp climbed 0.4 percent.

 

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

 

The month-on-month change of producer prices for means of production decreased 0.9 percent. Of the total, producer prices for mining and quarrying industry decreased 2.3 percent, that of raw materials industry decreased 1.8 percent, that of manufacturing and processing industry dropped 0.4 percent. Producer prices for consumer goods remained at the same level month-on-month (the amount of change was 0). Of which, producer prices for foodstuff decreased 0.2 percent; that of clothing increased 0.2 percent, that of commodities increased 0.1 percent, and that of durable consumer goods dropped 0.1 percent.

 

The month-on-month purchaser price indexes for non-ferrous metal materials and wires decreased 1.1 percent, ferrous metal materials went down by 1.2 percent, chemical raw materials declined 1.3 percent, fuel and power decreased 1.6 percent.

 

Price Indexes for the Industrial Sector in June

 

June

Jan-Jun

M/M(%)

Y/Y(%)

Y/Y(%)

 

 

 

 

I. Producer Price Indexes

-0.7

-2.1

-0.6

Means of production

-0.9

-2.9

-1.2

 Mining and quarrying

-2.3

-2.9

2.0

 Raw materials

-1.8

-3.0

-0.1

 Processing

-0.4

-2.9

-2.1

Means of subsistence

0.0

0.7

1.3

 Food

-0.2

1.3

2.3

 Clothing

0.2

2.1

2.5

 Articles for daily use

0.1

0.9

1.2

 Durable consumer goods

-0.1

-1.2

-0.8

 

 

 

 

II. Purchaser Price Indexes

-0.8

-2.5

-0.3

Fuel and Power

-1.6

0.0

3.7

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