Producer Prices for the Industrial Sector for December
By CnAgri
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In December 2012, Producer Price Index (PPI) for manufactured goods decreased 1.9 percent, year-on-year, and 0.1 percent decrease month-on-month. The purchasing price index for manufactured goods went down by 2.4 percent year-on-year, and 0.1 percent decrease month-on-month. In the average in 2013, 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 2.7 percent. In which, producer prices for mining and quarrying industry decreased 6.1 percent; that of raw materials industry decreased 2.4 percent, that of manufacturing and processing industry decreased 2.5 percent. Producer prices for consumer goods went up by 0.5 percent. Of which, producer prices for foodstuff increased 0.9 percent, that of clothing increased 1.3 percent, that of commodities up by 0.8 percent, while that of durable consumer goods dropped 0.8 percent.
The year-on-year purchaser price indexes for non-ferrous metal materials and wires decreased 8.4 percent, chemical raw materials decreased 3.7 percent, ferrous metals, fuel and power decreased 2.5 percent simultaneously, textile raw materials prices fell 1.5 percent, agricultural and sideline products prices rose 1.6 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 0.1 percent, that of raw materials industry decreased 0.1 percent, that of manufacturing and processing industry dropped 0.1 percent. Producer prices for consumer goods increased 0.1 percent month-on-month. Of which, producer prices for foodstuff went up by 0.3 percent, clothing increased 0.1 percent, and durable consumer goods and commodities remained at the same level (the amount of change was 0).
The month-on-month purchaser price indexes for agricultural and sideline products prices rose 0.5 percent, non-ferrous metal materials and wires，textile raw materials prices rose 0.1 percent simultaneously, ferrous materials remained at the same level (the amount of change was 0), chemical raw materials went down 0.4 percent, fuel and power decreased 0.3 percent.
Price Indexes for the Industrial Sector in December December 2012 M/M(%) Y/Y(%) Y/Y(%) I. Producer Price Indexes -0.1 -1.9 -1.7 Means of production -0.1 -2.7 -2.5 Mining and quarrying -0.1 -6.1 -2.4 Raw materials -0.2 -2.4 -2.0 Processing -0.1 -2.5 -2.7 Means of subsistence 0.1 0.5 0.8 Food 0.3 0.9 1.4 Clothing 0.1 1.3 2.1 Articles for daily use 0.0 0.8 0.9 Durable consumer goods 0.0 -0.8 -0.9 II. Purchaser Price Indexes
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