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Change in Corporate Goods Prices September 2008

Change in Corporate Goods Prices September 2008

Write: Essien [2011-05-20]

In September, the price of corporate goods fell 0.9% from last month, but rose 7% from the same period last year. The year-on-year rise was down 1.2 percentage points compared with that of last month (see the table below).

Table

Item

Month-on-month change

(%)

Year-on-year change

(%)

Capital goods

-1.1

8.4

Consumer goods

-0.4

3.6

Unprocessed grain

-1.3

7.7

Rice

-0.3

4.9

Wheat

-0.3

4.1

Corn

-2.1

8.4

Soybean

-5

38

Processed grain & oil products

-1.5

6.3

Edible oil

-5.3

6.8

Slaughtered & processed meat products

-3.3

4.3

Pork

-4.9

0.8

Fertilizer

0.7

32.3

Pesticide

0.3

2.2

Fodder

0.4

13.5

Agricultural machinery

0.2

7.6

Iron ore

-1

39.1

Steel

-5.1

24.4

Non-ferrous metals

-3.4

-10.8

Copper

-3.5

-9.6

Aluminum

-6.2

-10.7

Gold

-1.5

6.8

Crude oil

-11.3

27.5

Refined oil

-0.5

26.2

Crude Coal

0.4

60.4

Electricity

0.1

3.5

Automobiles

0

0.1

Trucks

-0.6

0.6

Sedans

-0.3

-1.3

Buses

1.0

1.3

Televisions

-0.6

-2.1

Refrigerators

-0.1

0.6

Washing machines

0.2

2.5