In September 2021, the ex factory prices of industrial producers in China increased by 10.7% year-on-year and 1.2% month on month; The purchase price of industrial producers increased by 14.3% year-on-year and 1.1% month on month. From January to September, on average, the ex factory price of industrial producers increased by 6.7% over the same period last year, and the purchase price of industrial producers increased by 9.3%.
1、 Year on year changes in industrial producer prices
Among the ex factory prices of industrial producers, the price of means of production increased by 14.2%, affecting the overall level of ex factory prices of industrial producers by about 10.60 percentage points. Among them, the price of mining industry increased by 49.4%, the price of raw material industry increased by 20.4%, and the price of processing industry increased by 8.9%. The price of means of living rose by 0.4%, affecting the overall level of ex factory prices of industrial producers by about 0.11 percentage points. Among them, food prices rose by 0.7%, clothing and general daily necessities prices rose by 0.4%, and durable consumer goods prices rose by 0.2%.
Among the purchase prices of industrial producers, the prices of fuel and power increased by 30.3%, the prices of ferrous materials increased by 23.3%, the prices of non-ferrous metal materials and wires increased by 22.6%, and the prices of chemical raw materials increased by 20.7%.
2、 Month on month changes in industrial producer prices
Among the ex factory prices of industrial producers, the price of means of production increased by 1.5%, affecting the overall level of ex factory prices of industrial producers by about 1.16 percentage points. Among them, the price of mining industry increased by 5.5%, the price of raw material industry increased by 1.9%, and the price of processing industry increased by 0.9%. The price of means of subsistence was flat. Among them, the prices of food and general daily necessities decreased by 0.1%, the prices of clothing increased by 0.2%, and the prices of durable consumer goods were flat.
Among the purchase prices of industrial producers, the prices of fuel and power increased by 3.9%, the prices of non-ferrous metal materials and wires increased by 1.7%, and the prices of chemical raw materials increased by 1.0%; The price of ferrous materials decreased by 0.9%.
