Zhongxin Finance, March 9. According to the website of the National Bureau of Statistics, in February 2022, the national ex-factory price of industrial producers increased by 8.8% year-on-year and 0.5% month-on-month; the purchase price of industrial producers increased by 11.2% year-on-year and 0.4% month-on-month. .
On average from January to February, the ex-factory price of industrial producers rose by 8.9% over the same period last year, and the purchase price of industrial producers rose by 11.6%.
Image source: National Bureau of Statistics
Dong Lijuan, senior statistician of the City Department of the National Bureau of Statistics, said that in February, due to factors such as the rise in the prices of crude oil, non-ferrous metals and other international bulk commodities, the PPI increased from a month-on-month period, and the year-on-year increase fell.
From a month-on-month perspective, PPI increased by 0.5% from a decrease of 0.2% in the previous month.
Among them, the price of means of production changed from a decrease of 0.2% to an increase of 0.7%, and the price of the means of living changed from a flat to an increase of 0.1%.
The sharp rise in international crude oil prices drove up the prices of domestic oil-related industries. Among them, the price of oil extraction rose by 13.5%, the manufacturing price of refined petroleum products rose by 6.5%, and the manufacturing price of organic chemical raw materials rose by 2.9%.
Affected by international factors, the price of domestic non-ferrous metal smelting and rolling processing industry rose by 2.0%.
Coal prices continued to fall, with coal mining, washing, and coal processing prices down 2.4%.
In addition, the price of electricity and heat production and supply industry increased by 0.9%, the price of ferrous metal smelting and rolling processing industry increased by 0.7%; the price of non-metallic mineral products industry decreased by 1.0%.
On a year-on-year basis, the PPI increased by 8.8%, a decrease of 0.3 percentage points from the previous month.
Among them, the prices of means of production rose by 11.4%, and the increase fell by 0.4 percentage points; the prices of living means rose by 0.9%, and the increase increased by 0.1 percentage points.
Of the 40 major industrial sectors surveyed, 36 saw price increases, the same as last month.
Among the major industries, the price increases fell: coal mining and washing industry rose 45.4%, down 5.9 percentage points; chemical raw materials and chemical product manufacturing rose 19.7%, down 1.3 percentage points; ferrous metal smelting and rolling processing industry rose 12.9 %, down 1.8 percentage points; chemical fiber manufacturing increased by 11.4%, down 2.7 percentage points.
The price increases expanded: the oil and natural gas extraction industry rose by 41.9%, an increase of 3.7 percentage points; the petroleum coal and other fuel processing industry rose by 30.2%, an increase of 0.1 percentage points; the non-ferrous metal smelting and rolling processing industry rose by 20.4%, an increase of 0.6 percentage points percentage point; the electricity and heat production and supply industry rose by 8.5%, an increase of 0.8 percentage points.
According to estimates, in the year-on-year increase of 8.8% in February, the impact of last year's price changes was about 8.4 percentage points, and the impact of new price increases was about 0.4 percentage points.