In June 2022, the national ex-factory price for industrial producers increased by 6.1% year-on-year, and remained the same month-on-month; the purchase price of industrial producers increased by 8.5% year-on-year and 0.2% month-on-month. In the first half of the year, the ex-factory price of industrial producers rose by 7.7% over the same period of last year, and the purchase price of industrial producers rose by 10.4%.
I. Year-on-year changes in industrial producer prices
Among the producer prices of industrial producers, the price of means of production rose by 7.5%, affecting the overall level of producer prices for industrial producers to rise by about 5.74 percentage points. Among them, the price of mining industry increased by 27.3%, the price of raw material industry increased by 15.2%, and the price of processing industry increased by 2.4%. The price of living materials rose by 1.7%, affecting the overall level of producer prices for industrial producers to rise by about 0.39 percentage points. Among them, the price of food increased by 3.2%, the price of clothing increased by 2.3%, the price of general daily necessities increased by 1.9%, and the price of durable consumer goods decreased by 0.2%.
Among the purchasing prices of industrial producers, the price of fuel and power rose by 29.4%, the price of chemical raw materials rose by 11.2%, the price of non-ferrous metal materials and wires rose by 7.6%, and the price of ferrous metal materials fell by 3.2%.
2. Changes in industrial producer prices month-on-month
Among the producer prices of industrial producers, the price of means of production decreased by 0.1%, affecting the overall level of producer prices for industrial producers to drop by about 0.04 percentage points. Among them, the price of mining industry increased by 1.9%, the price of raw material industry increased by 0.3%, and the price of processing industry decreased by 0.4%. The price of living materials rose by 0.3%, affecting the overall level of producer prices for industrial producers to rise by about 0.07 percentage points. Among them, the price of food increased by 0.5%, the price of clothing increased by 0.7%, the price of general daily necessities increased by 0.1%, and the price of durable consumer goods decreased by 0.1%.
Among the purchasing prices of industrial producers, the price of fuel and power rose by 1.1%, the price of chemical raw materials rose by 0.7%; the price of ferrous metal materials fell by 1.1%, and the price of non-ferrous metal materials and wires fell by 1.0%.
Key data on industrial producer prices for June 2022
