Producer Prices Rose By 0.1% In January 2020.

In January 2020, the producer prices of industrial producers rose by 0.1% over the same period last year, while the purchasing prices of industrial producers decreased by 0.3% compared with the same period last year, rising 0.2% over the same period.

Producer prices fell by 0.4% over the previous year in industrial producer prices, narrowing 0.8 percentage points from last month, and affecting industrial producer prices by about 0.27 percentage points. Among them, the price of extractive industry increased by 4.7%, the price of raw material industry decreased by 0.8%, and the price of processing industry dropped by 0.6%. The price of living goods rose by 1.3% over the same period last year, the same as last month, which has increased the total level of industrial producer prices by about 0.35 percentage points. Among them, food prices rose by 5.1%, clothing prices fell by 0.3%, general commodity prices were flat, and durable consumer goods prices fell by 2.3%.

In the purchasing price of industrial producers, the prices of farm and sideline products increased by 7%, the prices of building materials and nonmetals increased by 2.9%, ferrous metal materials prices increased by 1.6%, chemical raw materials prices dropped by 6.1%, non-ferrous metal materials and wire prices dropped by 0.7%, and fuel power prices dropped by 0.2%.

Two, the change of industrial producer price chain ratio.

Producer prices are flat in the producer price of industrial producers. Among them, the price of extractive industry increased by 0.8%, the price of raw material industry increased by 0.3%, and the price of processing industry dropped by 0.1%. The price of living goods is flat. Among them, the prices of food and clothing were flat, and the prices of general commodities and durable consumer goods decreased by 0.1%.

In the purchasing price of industrial producers, fuel power prices rose by 1%, non-ferrous metal materials and wire prices increased by 0.4%, ferrous metal materials, construction materials and non-metallic prices rose by 0.1%, and agricultural and sideline products prices remained unchanged.