Views: 0 Author: Site Editor Publish Time: 2021-03-11 Origin: Site
According to the China National Bureau of statistics on March 10, in February 2021, the country's industrial producer's EXW price (PPI) rose 1.7% year-on-year and 0.8% month on month, while the industrial producer's purchase price rose 2.4% year-on-year and 1.2% month on month.
On a month on month basis, PPI rose by 0.8%, 0.2 percentage points lower than that of last month. Among them, the price of means of production rose by 1.1%, and the rise dropped by 0.1%; the price of means of livelihood rose by 0.2% last month to be flat. Among the 40 industries surveyed, 25 showed price increase, 10 showed price decrease, and 5 showed price flat. The change was consistent with that of last month. Affected by the continuous upward trend of international crude oil prices, the prices of domestic oil related industries continued to rise. The prices of oil and natural gas exploitation industry increased by 7.5%, the prices of oil, coal and other fuel processing industry increased by 4.9%, the prices of chemical fiber manufacturing industry increased by 3.6%, and the prices of chemical raw materials and chemical products manufacturing industry increased by 2.1%. The total impact on PPI increased by about 0.45 percentage points.
Among the price purchased by industrial producers, the price of fuel power increased 3.3% on a month basis, the price of ferrous metal materials increased by 2.2%, the price of chemical raw materials increased by 1.3%, and the price of non-ferrous metal materials and wires increased by 1.2%.
On a year-on-year basis, PPI rose by 1.7%, 1.4 percentage points higher than that of last month. Among them, the price of means of production rose 2.3%, the increase increased by 1.8 percentage points, and the price of living materials decreased by 0.2%, the same as that of last month. Among the major industries, ferrous metal smelting and rolling processing industry increased by 14.1% and 4.2%; nonferrous metal smelting and rolling processing industry increased by 12.1% and 3.2%; coal mining and washing industry increased by 10.9% and 1.8%; chemical raw materials and chemical products manufacturing industry increased by 4.0% and 2.8%. The price decline narrowed by oil and natural gas mining, down 6.4 percent and 15.5 percentage points; oil, coal and other fuel processing industries fell 0.5 percent, and narrowed 8.5 percent.
Among the prices purchased by industrial producers, the prices of ferrous metals increased by 11.6% year on year, non-ferrous metal materials and wires increased by 10.3%, chemical raw materials increased by 0.3%, and fuel power prices decreased by 1.0%.
On average, the factory price of industrial producers rose 1.0% from the same period last year, and the purchase price of industrial producers rose 1.6% from the same period last year.
