Producers' Price Index (PPI) for Manufactured Goods Increased in June

In June, Producers Price Index (PPI) for manufactured goods up by 8.8 percent from the same month last year; purchasing prices for raw material, fuels and power rose by 13.5 percent.

PPI for means of production increased 10.1 percent over last June. Of the total, PPIs for mining and quarrying industry increased 29.3 percent; that for raw materials industry and machining industry correspondingly up by 11.2 and 7.2 percent; that for means of consumer goods grew 4.8 percent. Of which, price for foodstuff increased 9.7 percent; that of clothing and commodities rose 2.4 and 4.1 percent, while that for durable consumer goods dropped 0.2 percent.

In terms of different categories:

PPI for crude oil increased 35.9 percent, year-on-year. The prices for oil products, such as gasoline, diesel and kerosene increased 10.4, 12.2 and 15.5 percent respectively.

PPI for polystyrene grew 7.0 percent compared with the same month a year ago; that of latex up by 32.4 percent; and that of terylene declined by 1.6 percent, year-on-year.

PPI for mining and washing of coal industry was up by 27.5 percent from last June. Of which, PPI for crude coal increased 27.1 percent.

PPI for smelting and pressing of ferrous metals grew 28.7 percent from the same month last year. Of which, PPIs for ordinary small, medium, and large rolled-steels, wire rod and heavy steel plate correspondingly increased 32.7, 46.4, 33.5, 49.1 and 29.3 percent, year on year.

PPI for smelting and pressing of nonferrous metals down by 1.9 percent, year-on-year. Of the total, copper and lead jumping by 0.9 and 6.3 percent, while that of aluminum and zinc dropped by 1.6 and 28.1 respectively.

In addition, wherein the purchasing price for raw materials, fuels and power products, the price for fuel and power, nonferrous metal materials, ferrous metals, and chemical materials increased 24.9, 24.9, 2.7 and 7.8 percent respectively, year-on-year.

From January to June, PPI grew 7.6 percent, year-on-year; the purchasing price for raw materials, fuels and power products increased 11.1 percent.