Producers' Price Index (PPI) for Manufactured Goods Kept Jumping in November

In November, Producers Price Index (PPI) for manufactured goods up by 4.6 percent from the same month last year; purchasing prices for raw material, fuels and power rose by 6.3 percent.

PPI for means of production increased 4.8 percent over last November. Of the total, PPIs for mining and quarrying industry increased 15.1 percent; that for raw materials industry and manufacturing industry correspondingly up by 6.8 and 2.4 percent; that for means of consumer goods grew 3.7 percent. Of which, price for foodstuff increased 9.1 percent; that of clothing and commodities rose 1.0 and 2.3 percent respectively, while that for durable consumer goods dropped 0.8 percent.

In terms of different categories:

PPI for crude oil increased 22.6 percent year-on-year. The prices for oil products, such as gasoline, diesel and kerosene increased 3.9, 8.8 and 8.0 percent respectively.

PPI for polystyrene dropped 2.2 percent compared with the same month a year ago; that of latex and terylene surging 2.1 and 1.4 percent, year on year.

PPIs for mining and washing of coal industry were up by 6.2 percent from last November. Of which, PPI for crude coal increased 5.9 percent.

PPI for smelting and pressing of ferrous metals grew 11.7 percent from the same month last year. Of which, PPIs for ordinary large rolled-steels, medium rolled-steels, small rolled-steels, wire rod and heavy steel plate correspondingly increased 10.5, 19.0, 20.6, 13.7 and 12.2 percent, year on year.

PPI for smelting and pressing of nonferrous metals gained a year-on-year rise of 10.6 percent. Of the total, PPIs for copper and zinc dropped 4.4 and 11.7 percent, while that for aluminum and lead up by 1.8 and 41.2 percent respectively year-on-year.

In addition, wherein the purchasing price for raw materials, fuels and power products, the price for fuel and power, ferrous metals, nonferrous metal materials, and chemical materials increased 9.9, 9.7, 3.4 and 3.6 percent respectively, year-on-year.

From January to November, PPI for manufactured goods grew 2.9 percent year-on-year; the purchasing price for raw materials, fuels and power products increased 4.1 percent.