Manufacturing of chemical raw materials and chemicals fell 5.3% in March
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Last Update: 2020-04-13
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Source: Internet
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Author: User
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national bureau of statistics released on April 10, 2020, the National PPI (Consumer Price Index) data show that in March 2020, the country's industrial producers factory prices fell by 1.5% YoY, down 1.0% YoY; Among them, the oil and gas extraction industry, where prices fell, fell 21.7 percent year-on-year, up 21.3 percentage points, oil, coal and other fuel processing industries, down 10.6 percent year-on-year, up 9.8 percentage points, andChemical raw materialsand chemicals manufacturing industry, down 5.3% YoY, expanded by 1.0 percentage points
1First, industrial production prices changed year-on-year
industrial producers' prices fell 2.4% YoY, a decrease of 1.4 percentage points over the previous month, affecting the overall level of factory prices of industrial producers decreased by about 1.79 percentage pointsAmong them, the prices of extractive industries fell by 4.0 per cent, raw materials industry prices by 5.2 per cent and processing industries by 1.2 per centThe price of living materials rose 1.2% year-on-year, down 0.2 percentage points from the previous month, affecting the overall level of factory prices of industrial producers rose by about 0.32 percentage pointsAmong them, food prices rose by 4.5 per cent, clothing prices by 0.5 per cent, general commodities prices by 0.1 per cent and consumer durables by 1.9 per centindustrial producers, the purchase price of chemical raw materials fell by 7.2%, non-ferrous materials and wire prices fell by 4.8%, fuel power prices fell by 4.0%, ferrous materials prices fell by 0.2%, agricultural and by-products prices rose 7.2%, construction materials and non-metallic products rose 3.1%2The change in the prices of industrial producersthe ex-factory prices of industrial producers fell by 1.2% month-on-month, an increase of 0.5 percentage points over the previous month, affecting the overall level of factory prices of industrial producers by about 0.91 percentage pointsAmong them, the prices of extractive industries fell by 3.5 per cent, raw materials industry prices by 2.7 per cent and processing industries by 0.5 per centThe price of living materials decreased by 0.2% month-on-month, affecting the overall level of factory prices of industrial producers by about 0.05 percentage pointsAmong them, food and clothing prices both fell by 0.3%, general commodity prices fell by 0.2% and consumer durables prices fell by 0.1%Among the purchase prices of industrial producers, non-ferrous metal materials and wire fell 3.1%, fuel power prices fell 2.6%, ferrous materials fell 0.5%, and wood and pulp prices rose 0.5% In the first quarter of , factory prices of industrial producers fell 0.6% from a year earlier, while purchase prices of industrial producers fell by 0.8%
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