In May, the price of chemical raw materials and products manufacturing fell by 2.5% year on year

On June 12, the National Bureau of statistics released the national PPI (factory price index of industrial producers) data in May 2019 In May, the factory price of industrial producers rose 0.6% year on year and 0.2% month on month Among them, the price of chemical raw materials and chemical products manufacturing industry dropped by 2.5% year on year and 0.2% month on month On a month on month basis, PPI rose 0.2% in May, down 0.1% from last month Among them, the price of means of production increased by 0.2%, down 0.2 percentage points from last month; the price of means of living increased by 0.1%, down 0.1 percentage points In terms of the 40 industrial sectors surveyed, there were 21 price hikes, 7 lower than last month; 11 lower, 3 higher; 8 flat, 4 higher Among the major industries, affected by the changes in international crude oil prices, the growth rate of oil related industries has increased compared with that of last month, among which, the oil and natural gas exploitation industry has increased by 4.2%, 0.6 percentage points; the oil, coal and other fuel processing industry has increased by 1.8%, 0.5 percentage points Among them, ferrous metal smelting and rolling processing industry increased by 0.8%, down by 1.3%; instrument manufacturing industry increased by 0.1%, down by 0.2% Chemical fiber manufacturing industry declined by 1.3% and chemical raw materials and chemical products manufacturing industry by 0.2% In addition, the price of coal mining and washing industry changed from falling to rising, up 0.7% From a year-on-year perspective, PPI rose 0.6% in May, down 0.3 percentage points from last month Among them, the price of means of production increased by 0.6%, 0.3% lower than that of last month; the price of means of living increased by 0.9%, the same as that of last month Among the major industries, oil and natural gas exploitation industry increased by 6.7%, 3.4% lower than last month; non-metallic mineral products industry increased by 3.1%, 0.6% lower; oil, coal and other fuel processing industry increased by 2.3%, 1.9% lower; ferrous metal smelting and calendering industry increased by 1.9%, 0.5% lower The decline of chemical raw materials and chemical products manufacturing industry increased by 2.5%, 0.6%; non ferrous metal smelting and rolling processing industry decreased by 1.0%, 0.6%; automobile manufacturing industry decreased by 0.7%, 0.2% In addition, the price of coal mining and washing industry rose 3.8%, 1.9 percentage points higher than last month It is estimated that in the 0.6% year-on-year increase in May, the tail raising impact of last year's price change is about 0.6 percentage points, and the impact of new price increase is about 0 The purchase price of industrial producers rose 0.2% year on year, and was flat on a month on month basis Among them, the price of fuel and power increased by 1.4% year on year and 0.5% month on month; the price of chemical raw materials decreased by 3.5% year on year and 0.5% month on month.