Business Intelligence on Retailing, Franchising, and Consumerism in China


Producers' Price Index For Manufacturing Rises In China

In November, the National Bureau of Statistics of China says the Producers' Price Index for manufactured goods shot up by 4.6 percent from the same month last year while purchasing prices for raw material, fuels and power rose by 6.3 percent.

PPI for means of production increased 4.8 percent over last November. Of the total, PPIs for mining and quarrying industry increased 15.1 percent; that for raw materials industry and manufacturing industry correspondingly up by 6.8 and 2.4 percent; and that for means of consumer goods grew 3.7 percent. Of that total, price for foodstuff increased 9.1 percent; that of clothing and commodities rose 1.0 and 2.3 percent respectively, while that for durable consumer goods dropped 0.8 percent.

PPI for crude oil increased 22.6 percent year-on-year. The prices for oil products, such as gasoline, diesel and kerosene increased 3.9, 8.8 and 8.0 percent respectively.

In addition, wherein the purchasing price for raw materials, fuels and power products, the price for fuel and power, ferrous metals, nonferrous metal materials, and chemical materials increased 9.9, 9.7, 3.4 and 3.6 percent, respectively, year-on-year.

From January to November, PPI for manufactured goods grew 2.9 percent year-on-year; the purchasing price for raw materials, fuels and power products increased 4.1 percent.





Be the first to comment on "Producers' Price Index For Manufacturing Rises In China"

Leave a comment

Your email address will not be published.


*




  Other China News

ChinaTechNews.com:

AutoNavi, Delphi Reach Deal

Hisense's Net Profit Down 47.39% In First Three Quarters Of 2017

Airbnb China Head Resigns

DMG To Buy China Rights Of Forbes Brand


GreenChinaTech:

Chinese Electric Bus Manufacturer Lands USA Deal

American Electric Car Manufacturer To Build In China

U.S. Clean Water Company Makes Chinese Inroads

GE Will Promote Wind Power Through New Chinese Education Center


ChinaSourcingNews.com:

JD To Build Global Logistics Headquarters In Xi'an

Wumart, AGS Sign Agreement For Seafood Direct Procurement

India Gains Second Factory From China's Xiaomi

85% of Indian Staff To Lose Jobs At China's LeEco