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Change in Corporate Goods Prices October 2008

Change in Corporate Goods Prices October 2008

Write: Crisiant [2011-05-20]

In October, the price of corporate goods maintained its downward trend, falling 2.7% month on month, 1.8 percentage points larger than the drop recorded last month. It rose 4% year on year, down 3 percentage points from last month. From January to October, the price of corporate goods was up by an average of 8.6% compared with the same period last year (see the table below).

Table

Item

Month-on-month change

(%)

Year-on-year change

(%)

Consumer goods

-1.3

2.6

Capital goods

-3.2

4.6

Unprocessed grain

-1.4

6.6

Rice

-0.4

5.7

Wheat

0.6

4.8

Corn

-2.3

7.2

Soybean

-6.7

23.1

Vegetable oil

-10.6

-4.8

Livestock & poultry

-4.3

4.5

Fresh & frozen livestock meat

-7.3

-4.0

Livestock meat products

-1.1

12.5

Fodder

-2.4

10.3

Fertilizer

-3.8

26.8

Pesticide

0.2

2.4

Agricultural machinery

0.2

7.7

Iron ore

-13.4

15.9

Steel

-16.4

3

Non-ferrous metals

-14.7

-24.3

Heavy non-ferrous metals

-20.1

-35.0

Light non-ferrous metals

-8.2

-15.1

Precious metals

-4.8

-4.4

Coal, oil & electricity

-3.5

19.1

Crude oil

-11.8

12

Refined oil

-0.7

25.2

Crude coal

-4.5

50.8

Electricity

-0.3

3.2

Automobiles

-0.1

0

Buses

-0.2

1

Sedans

-0.1

-1.2

Electrical appliances

0.1

1

Household washing machines

0.6

2.7

Refrigerators

0

0.8

Air conditioners

-0.1

0.4

Televisions

-0.1

-1.7