Producer Prices for the Industrial Sector for August
By CnAgri2012-09-10 19:28:45
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In August 2012, Producer Price Index (PPI) for manufactured goods decreased 3.5 percent, year-on-year, and 0.5 percent decrease month-on-month. The purchasing price index for manufactured goods went down by 4.1 percent year-on-year, and 0.5 percent decrease month-on-month. In the average from January to August, the PPI decreased 1.3 percent, year-on-year, the purchasing price index for manufactured goods went down by 1.2 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 4.6 percent. In which, producer prices for mining and quarrying industry decreased 8.3 percent; that of raw materials industry decreased 5.2 percent, that of manufacturing and processing industry decreased 3.9 percent. Producer prices for consumer goods went up by 0.2 percent. Of which, producer prices for foodstuff increased 0.5 percent, that of clothing increased 1.7 percent, that of commodities up by 0.3 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 9.9 percent, ferrous metals declined 9.8 percent, chemical raw materials decreased 6.5 percent, fuel and power decreased 2.6 percent, building materials and non-metallic fell by 2.4 percent.
2. Month-on-Month Changes of Prices of Different Categories
The month-on-month change of producer prices for means of production decreased 0.7 percent. Of the total, producer prices for mining and quarrying industry decreased 1.5 percent, that of raw materials industry decreased 0.6 percent, that of manufacturing and processing industry dropped 0.7 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 increased 0.1 percent, clothing, and durable consumer goods remained at the same level, while that of commodities decreased 0.1 percent.
The month-on-month purchaser price indexes for ferrous materials fell by 1.9 percent, non-ferrous metal materials and wires, fuel and power decreased 0.8 percent respectively, agricultural and sideline products increased 0.5 percent.
Price Indexes for the Industrial Sector in August August Jan-Aug M/M(%) Y/Y(%) Y/Y(%) I. Producer Price Indexes -0.5 -3.5 -1.3 Means of production -0.7 -4.6 -2.0 Mining and quarrying -1.5 -8.3 -0.4 Raw materials -0.6 -5.2 -1.3 Processing -0.7 -3.9 -2.5 Means of subsistence 0.0 0.2 1.1 Food 0.1 0.5 1.9 Clothing 0.0 1.7 2.3 Articles for daily use -0.1 0.3 1.0 Durable consumer goods 0.0 -1.2 -0.9 II. Purchaser Price Indexes -0.5 -4.1 -1.2 Fuel and Power -0.8 -2.6 2.2 Ferrous Metals -1.9 -9.8 -5.4 Non-ferrous Metal Materials and Wires
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