The data released by the National Bureau of Statistics on June 9 showed that in May, the international bulk commodity prices fell as a whole, and the domestic and foreign industrial product market demand was generally weak. Price index) continued to decline both month-on-month and year-on-year. Among them, the prices of chemical raw materials and chemical products manufacturing decreased by 2.0% month-on-month and 12.2% year-on-year.
From the month-on-month perspective, the PPI fell by 0.9%, an increase of 0.4 percentage points from the previous month. Among them, the price of means of production decreased by 1.2%, and the rate of decline expanded by 0.6 percentage points; the price of means of living decreased by 0.2%, and the rate of decline narrowed by 0.1 percentage point. The decline in the prices of international crude oil and major non-ferrous metals has driven down the prices of related domestic industries. Among them, the price of oil and natural gas extraction industry decreased by 2.1%, the price of chemical raw materials and chemical product manufacturing industry decreased by 2.0%; the price of non-ferrous metal smelting and rolling processing industry decreased by 1.1%. The supply of coal, steel, cement and other industries is generally sufficient, but the demand is weak, and the prices have all dropped. Among them, the prices of coal mining and washing industry fell by 5.2%, the prices of ferrous metal smelting and rolling processing industries fell by 4.2%, and the prices of non-metallic mineral products industry fell by 5.2%. down 0.9%. The prices of equipment manufacturing industry decreased slightly, among which the prices of electrical machinery and equipment manufacturing industry decreased by 0.5%, that of computer communication and other electronic equipment manufacturing industry decreased by 0.3%, and that of automobile manufacturing industry decreased by 0.2%. In addition, the prices of cultural, educational, industrial, aesthetic, sports and entertainment goods manufacturing industries rose by 0.5 percent, and that of electricity and heat production and supply industries rose by 0.1 percent.
From a year-on-year perspective, PPI fell by 4.6%, an increase of 1.0 percentage points from the previous month. Among them, the price of means of production decreased by 5.9%, and the rate of decline expanded by 1.2 percentage points; the price of means of living changed from an increase of 0.4% in the previous month to a decrease of 0.1%. Among the 40 major industrial sectors surveyed, 26 saw their prices drop, an increase of 3 from the previous month. Among the main industries, the price of oil and natural gas mining industry fell by 19.1%, and the decline rate expanded by 2.8 percentage points; the price of ferrous metal smelting and rolling processing industry fell by 16.8%, and the decline rate expanded by 3.2 percentage points; the price of oil, coal and other fuel processing industry fell by 15.1%, The rate of decline expanded by 3.7 percentage points; the price of coal mining and washing industry fell by 13.1%, and the rate of decline expanded by 3.8 percentage points; the price of non-ferrous metal smelting and rolling processing industry decreased by 8.4%, and the rate of decline narrowed by 0.2 percentage points. Manufacturing auto prices fell 1.1 percent. In addition, the prices of culture, education, industry, art, sports and entertainment products manufacturing industry rose by 4.5%, the prices of electricity and heat production and supply industries increased by 1.6%, and the prices of textile, clothing and apparel industries increased by 1.0%.
In the purchase price of industrial producers, the price of ferrous metal materials decreased by 11.1% year-on-year and 2.2% month-on-month; the price of chemical raw materials decreased by 10.6% year-on-year and 2% month-on-month; down 1.3%.
On average from January to May, the ex-factory price of industrial producers decreased by 2.6% compared with the same period last year, and the purchasing price of industrial producers decreased by 2.3%. Among them, the prices of chemical raw materials and chemical products manufacturing decreased by 8.2% year-on-year.
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