China News Service, March 10th. According to the official website of the National Bureau of Statistics, in February 2020, the ex-factory price of industrial producers nationwide fell by 0.4% year-on-year and 0.5% month-on-month; the purchase price of industrial producers decreased by 0.5% year-on-year and 0.3 month-on-month. %. On average from January to February, the ex-factory price of industrial producers decreased by 0.2% over the same period last year, and the purchase price of industrial producers decreased by 0.4%.
Year-on-year changes in industrial producer prices
Among the factory prices of industrial producers, the prices of means of production dropped by 1.0% year-on-year, which was an increase of 0.6 percentage point from the previous month, affecting the overall level of factory prices of industrial producers by about 0.74 percentage points. Among them, the price of extractive industry rose 1.1%, the price of raw materials industry fell 2.2%, and the price of processing industry fell 0.7%. The price of living materials increased by 1.4% year-on-year, an increase of 0.1 percentage point from the previous month, and affected the overall level of industrial producers' prices by about 0.38 percentage point. Among them, food prices rose by 5.1%, clothing prices fell by 0.3%, general commodity prices rose by 0.1%, and durable consumer goods prices fell by 2.0%.
Among the purchase prices of industrial producers, the prices of agricultural and sideline products rose by 7.6%, the prices of construction materials and non-metals rose by 3.8%, and the prices of ferrous metals rose by 0.4%; the prices of chemical raw materials fell by 6.0%, and the prices of non-ferrous metals and wires Prices fell 1.2%, and fuel and power prices fell 1.0%.
Changes in industrial producer prices from the previous month
Among the ex-factory prices of industrial producers, the prices of means of production dropped by 0.7% month-on-month, which affected the overall level of ex-factory prices of industrial producers by about 0.51 percentage point. Among them, the prices of extractive industries fell by 2.3%, the prices of raw materials industries fell by 1.3%, and the prices of processing industries fell by 0.3%. Prices of means of living were flat month-on-month. Among them, food prices remained flat, clothing prices fell 0.1%, general commodity prices rose 0.1%, and durable consumer goods prices fell 0.2%.
Among the purchase prices of industrial producers, the prices of agricultural and sideline products rose by 0.1%; the prices of fuel power, non-ferrous metal materials and wires all fell by 0.7%, and the prices of ferrous metal materials fell by 0.4%.