BEIJING, May 10, China Economic Net news according to the website of the Bureau of Statistics, in April, 2017, the ex-factory price of national industrial producers rose 6.4 percent year-on-year, down 0.4 percent month-on-month. The purchase price of industrial producers rose 9.0% year-on-year, down 0.3% month-on-month. On average from January to April, the ex-factory price of industrial producers rose 7.2 percent year-on-year, while the purchase price of industrial producers rose 9.3 percent year-on-year.
I. Year-on-year changes in industrial producer prices
Among the ex-factory prices of industrial producers, the price of means of production rose 8.4 percent year-on-year, affecting the overall level of ex-factory prices of industrial producers by about 6.2 percent age points. Among them, the price of mining industry rose by 28.3%, the price of raw material industry rose by 13.0%, and the price of processing industry rose by 5.2%. The price of living materials rose 0.7 percent year-on-year, affecting the overall level of factory prices of industrial producers by about 0.2 percent age points. Among them, food prices rose 0.5%, clothing prices rose 1.5%, general commodity prices rose 1.4%, durable consumer goods prices fell 0.1%.
According to estimates, in the year-on-year increase of 6.4 percent of the total factory price of industrial producers in April, the price change last year was about 5.1 percent age points, and the new price increase factor was about 1.3 percent age points.
Among the purchase prices of industrial producers, the prices of fuel and power increased by 17.6 percent year-on-year, the prices of ferrous metal materials increased by 17.3 percent, and the prices of non-ferrous metal materials and wires increased by 15.4 percent, the price of chemical raw materials rose 8.1 percent.
II. Changes in industrial producer prices on a month-on-month basis
Among the ex-factory prices of industrial producers, the price of means of production dropped by 0.6 percent month on month, affecting the overall level of ex-factory prices of industrial producers by about 0.4 percent age points. Among them, the price of mining industry decreased by 1.2%, the price of raw material industry decreased by 0.8%, and the price of processing industry decreased by 0.4%. The price of living materials decreased by 0.1% month on month. Among them, the price of food decreased by 0.2%, the price of clothing was flat (the increase was 0 ), the price of general daily necessities decreased by 0.1%, and the price of durable consumer goods increased by 0.1%.
Among the purchase prices of industrial producers, the prices of ferrous metal materials decreased by 1.1% month on month, the prices of chemical raw materials decreased by 1.0%, the prices of fuel and power decreased by 0.3%, and the prices of non-ferrous metal materials and wires decreased by 0.1%.
1. Indicator explanation
The Industrial Producer Price Index includes the Industrial Producer Price Index (Producer Price Index for Industrial Products, referred to as PPI) and the Industrial Producer purchase Price Index.
The ex-factory price index of industrial producers reflects the change trend and range of ex-factory price when the products of industrial enterprises are sold for the first time.
The purchasing price index of industrial producers reflects the changing trend and range of the purchasing price of industrial enterprises as intermediate input products.
2. Statistical range
The factory price statistical survey of industrial producers covers the prices of more than 20,000 industrial products in 1638 basic categories; The purchase price statistical survey of industrial producers covers the prices of more than 10,000 industrial products in more than 900 basic categories.
3. Investigation method
The price survey of industrial producers adopts the survey method combining the key survey and the typical survey. Enterprises with annual main business income of more than 20 million yuan adopt key survey methods; Enterprises with annual main business income of less than 20 million yuan adopt typical survey methods. The industrial producer price survey involves more than 50000 industrial enterprises in more than 400 cities across the country.
4. The standard of industrial Industry Division is based on the national economy industry classification (GB/T4754-2011).
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China Economic Net Beijing, May 10 news according to the website of the Bureau of Statistics, in April 2017, the ex-factory price of national industrial producers increased by 6.4% year-on-year, and decreased by 0.4% month-on-month. The purchase price of industrial producers rose 9.0 percent year-on-year, month-on-month