The producers' Price Index (PPI) for Manufactured Goods Increased 4.5 Percent in September

The Producers Price Index (PPI) for manufactured goods increased by 4.5% in September as compared with the same month of last year, down by 0.8 percentage points as compared with last month; purchasing prices for raw materials, fuels, and power were up by 7.1%, dropped by 1.0 percentage points as compared with that in August.

In September, the producers prices for means of production were up by 6.2% over the same month of last year. Of which, prices for mining and quarrying industry, raw materials industry and machining industry was up by 26.4%, 9.1% and 1.5% respectively. The producers prices for means of consumer goods were down by 0.4% than the same month of last year. Of which, food, clothing, and articles for daily use was respectively up by 0.2%, 1.0% and 1.7%, while that durable consumer goods dropped by 2.8%.

In terms of different categories:

-- In view of prices for crude oil and oil products, the producers prices for crude oil was up by 33.2% over that in the same month of last year, its impact on the general level of producers prices for manufactured goods was up by 1.1 percentage points. The prices for oil products, such as gasoline, kerosene, and diesel oil, rose by 27.0%, 21.4% and 22.3% respectively.

-- In view of prices for chemical products, the producers prices for polystyrene was down by 12.4 %, that of latex, terylene silk rose by 17.5%, and 0.3% respectively.

-- In view of prices for coal products, the producers price for mining and cleaning industry rose by 21.7% over that in the same month of last year. Of which, producers prices for crude coal rose by 21.8%.

-- In view of prices for steel products, the prices for smelting and pressing of ferrous metals went up by 2.6% as compared with that in the same month of last year. Of which, prices for ordinary large rolled-steel kept general level as compared with last month, that of medium rolled-steels dropped by 4.2%, that of small rolled-steels rose by 0.4%, that of wire rod dropped by 3.9%, and heavy steel plate rose by 0.3%.

-- In view of prices for nonferrous metals products, the producers prices for smelting and pressing nonferrous metals increased by 12.2% as compared with same month of last year. Of which, producers prices for copper, aluminum, lead, zinc and nickel rose by 5.5%--20.0%.

Wherein the purchasing prices for raw materials, fuels and power products, that of the prices for fuel and power, ferrous and non-ferrous metals materials, and chemical material rose by 15.8%, 4.9%, 13.5% and 4.9% respectively.

As compared with the same period of last year, the producers prices for manufactured goods was up by 5.4% from January to September, purchasing prices for raw materials, fuels, and power rose by 9.2%.