Producer Prices for the Industrial Sector in November
By CnAgri
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In November 2012, Producer Price Index (PPI) for manufactured goods decreased 2.2 percent, year-on-year, and 0.1 percent increase month-on-month. The purchasing price index for manufactured goods went down by 2.8 percent year-on-year, and 0.2 percent increase month-on-month. In the average from January to November, the PPI decreased 1.7 percent, year-on-year, the purchasing price index for manufactured goods went down by 1.8 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 3.0 percent. In which, producer prices for mining and quarrying industry decreased 5.3 percent; that of raw materials industry decreased 2.7 percent, that of manufacturing and processing industry decreased 2.9 percent. Producer prices for consumer goods went up by 0.3 percent. Of which, producer prices for foodstuff increased 0.5 percent, that of clothing increased 1.5 percent, that of commodities went up by 0.6 percent, while that of durable consumer goods dropped 0.9 percent.
The year-on-year purchaser price indices for ferrous metals declined 9.5 percent, chemical raw materials decreased 4.5 percent, non-ferrous metal materials and wires decreased 3.9 percent, textile raw materials decreased 1.8 percent, fuel and power decreased 1.6 percent, agricultural and sideline products increased 0.6 percent.
2. Month-on-Month Changes of Prices of Different Categories
The month-on-month change of producer prices for means of production decreased 0.1 percent. Of the total, producer prices for mining and quarrying industry decreased 0.2 percent, that of raw materials industry decreased 0.3 percent, that of manufacturing and processing industry decreased 0.1 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 and durable consumer goods remained at the same level (the amount of change was 0), that of clothing increased 0.1 percent, that of commodities decreased 0.2 percent.
The month-on-month purchaser price indexes for building materials and non-metallic went up by 0.3 percent, ferrous materials rose by 0.1 percent, textile raw materials remained at the same level (the amount of change was 0), non-ferrous metal materials and wires decreased 1.3 percent, fuel and power decreased 0.2 percent.
Price Indexes for the Industrial Sector in November November Jan-Nov M/M(%) Y/Y(%) Y/Y(%) I. Producer Price Indexes -0.1 -2.2 -1.7 Means of production -0.1 -3.0 -2.5 Mining and quarrying -0.2 -5.3 -2.1 Raw materials -0.3 -2.7 -1.9 Processing -0.1 -2.9 -2.8 Means of subsistence 0.0 0.3 0.8 Food 0.0 0.5 1.5 Clothing 0.1 1.5 2.1 Articles for daily use -0.2 0.6 0.9 Durable consumer goods 0.0 -0.9 -0.9
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