In August, the national factory prices for industrial producers rose 9.5% year-on-year and 0.7% month-on-month; the purchasing prices for industrial producers rose 13.6% year-on-year and 0.8% month-on-month. On average from January to August, the ex-factory prices for industrial producers rose by 6.2% over the same period last year, and the purchasing prices for industrial producers rose by 8.6%.
The year-on-year changes in industrial producer prices. Among the ex-factory prices of industrial producers, the prices of means of production rose by 12.7%, which affected the overall increase in the ex-factory prices of industrial producers by approximately 9.44 percentage points. Among them, the price of mining and quarrying industry increased by 41.8%, the price of raw material industry increased by 18.3%, and the price of processing industry increased by 8.0%. The price of subsistence materials rose by 0.3%, affecting the overall level of factory prices for industrial producers to increase by about 0.07 percentage points. Among them, the price of food rose by 0.9%, the price of clothing remained flat, the price of general daily necessities rose by 0.1%, and the price of durable consumer goods fell by 0.1%.
Among the purchasing prices for industrial producers, the price of ferrous metal materials rose 26.3%, the price of fuel and power rose 26.2%, the price of non-ferrous metal materials and wires rose 21.6%, and the price of chemical raw materials rose 20.3%.
The month-on-month changes in industrial producer prices. Among the ex-factory prices of industrial producers, the price of means of production rose by 0.9%, which affected the overall increase of the ex-factory prices of industrial producers by about 0.69 percentage points. Among them, the price of mining and quarrying industry increased by 3.0%, the price of raw material industry increased by 0.9%, and the price of processing industry increased by 0.7%. Prices of subsistence materials remained flat. Among them, the prices of food and general daily necessities were flat, the prices of clothing rose by 0.3%, and the prices of consumer durables fell by 0.2%.
Among the purchasing prices of industrial producers, the price of fuel and power rose by 2.4%, the price of chemical raw materials rose by 1.3%, the price of non-ferrous metal materials and wires rose by 1.0%, and the price of ferrous metal materials by 0.2%.
