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Producers' Prices Index for Manufactured Goods Continued Going Up in April
National Bureau of Statisitcs of China 2005-05-17 11:04:29
 

The producers¡¯ price Index (PPI) for manufactured goods increased by 5.8% in April as compared with the same month of last year, purchasing prices for raw materials, fuels, and power were up by 9.9%.

In April, the producers¡¯ prices for means of production were up by 7.9% over the same month of last year; its impact on the total level of producers¡¯ prices for manufactured goods was up by 5.8 percentage points. Of which, prices for mining and quarrying industry, raw materials industry and machining industry was up by 29.8%, 11.4% and 2.6% respectively. The producers¡¯ prices for means of consumer goods was up by 0.2% than the same month of last year. Of which, food, clothing, and articles for daily use was respectively up by 0.9%, 0.7% and 2.6%, while that durable consumer goods dropped by 3.3%.

In terms of different categories:

-- In view of prices for crude oil and oil products, the producers¡¯ prices for crude oil was up by 36.9% over that in the same month of last year, its impact on the general level of producers¡¯ prices for manufactured goods was up by 1.2 percentage points. The prices for oil products, such as gasoline, kerosene and diesel oil rose by 21.8%, 12.8% and 22.5% respectively.

-- In view of prices for chemical products, the producers¡¯ prices for polystyrene, latex, terylene silk, carbamide, ammonium nitrate, and vitriol ammonia was rose 26.7%, 33.6%, 13.8%, 12.1%, and 28.4% respectively.

-- In view of prices for coal products, the producers¡¯ price for mining and cleaning industry rose by 26.2% over that in the same month of last year. Of which, producers¡¯ prices for crude coal rose by 26.2%.

-- In view of prices for steel products, the prices for smelting and pressing of ferrous metals went up by 6.3% as compared with that in the month. Of which, prices for ordinary large rolled-steel and small rolled-steels went up by 0.7% and 4.3% respectively; that of ordinary medium rolled-steels and wire rod dropped by 2.9% and 12.3% respectively; that of heavy steel plate and light steel plate was respectively up by 16.4% and 16.1%.

-- In view of prices for nonferrous metals products, the producers¡¯ prices for smelting and pressing nonferrous metals increased by 9.3% as compared with same month of last year, of which, producers¡¯ prices for copper, aluminum, lead, zinc and nickel raised by 5.7%--17.6%.

Wherein the purchasing prices for 9 kinds of raw materials, fuels and power products, that of the prices for ferrous and non-ferrous metals materials, chemical material and fuel and power rose by 17.6%, 9.0%, 12.3% and 12.6% respectively.

As compared with the same period of last year, the producers¡¯ prices for manufactured goods was up by 5.7 % from January to April, purchasing prices for raw materials, fuels, and power rose by 10.0%.

 

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National Bureau of Statistics of China
2002/03/31