Producer Price Index (PPI) for Manufactured Goods Increased in January

In January, producer price index (PPI) for manufactured goods was up by 4.3 percent year-on-year; purchasing prices for raw material, fuels and power increased by 8.0 percent.

In terms of different categories:

PPI for means of production increased 5.5 percent year-on-year. Of the total, PPIs for mining and quarrying industry increased 31.4 percent; that of raw materials industry and machining industry was correspondingly up by 8.6 and 0.8 percent. PPI for means of consumer goods climbed 0.6 percent year-on-year. Of which, PPIs for foodstuff increased 2.2 percent; that of clothing increased 1.0 percent, that of commodities remained the general level, and that of durable consumer goods dropped 1.8 percent.

PPI for crude oil increased 69.7 percent year-on-year. PPIs for oil products, such as gasoline and diesel increased 16.6 and 15.0 percent respectively and that of kerosene decreased 6.7 percent.

PPI for cis-butadiene rubber, polyester filament yarns and polystyrene was respectively climbed 43.1, 32.3 and 30.6 percent year-on-year.

PPI for smelting and pressing of ferrous metals dropped 1.4 percent year-on-year. Of which, PPIs for ordinary large, medium, and small-sized rolled-steels and heavy steel plate was correspondingly decreased 7.9, 1.5, 3.4 and 4.0 percent, and that of wire rod increased 5.5 percent year-on-year.

PPI for mining and washing of coal industry was up by 5.0 percent year-on-year. Of which, PPI for crude coal increased 5.3 percent.

PPI for smelting and pressing of nonferrous metals was up by 25.2 percent year-on-year. Of the total, aluminum, lead, zinc, and copper came up 12.6, 32.0, 39.7 and 67.0 percent respectively.

In addition, wherein the purchasing price for raw materials, fuels and power products, the price for nonferrous metal materials, fuel and power and chemical materials increased 27.5, 19.3 and 4.2 percent respectively, while that of ferrous metal materials decreased 2.8 percent year-on-year.