National Bureau of Statistics: In May, the industrial producer price index fell by 3.3% year-on-year.

According to data from the National Bureau of Statistics, in May 2025, the year-on-year decrease in the ex-factory prices of industrial producers across the country was 3.3%, with a month-on-month decrease of 0.4%; the year-on-year decrease in the purchase prices of industrial producers was 3.6%, with a month-on-month decrease of 0.6%. On average from January to May, both the ex-factory prices and purchase prices of industrial producers decreased by 2.6% compared to the same period last year. I. Changes in year-on-year industrial producer prices: In May, among the ex-factory prices of industrial producers, the prices of production materials decreased by 4.0%, affecting a total decrease of approximately 2.98 percentage points. Specifically, prices in the mining industry dropped by 11.9%, raw material industry prices dropped by 5.4%, and processing industry prices dropped by 2.8%. The prices of living materials decreased by 1.4%, affecting a total decrease of approximately 0.36 percentage points. Among them, food prices decreased by 1.4%, clothing prices remained stable, general daily necessities prices rose by 0.6%, and durable consumer goods prices dropped by 3.3%. For industrial producer purchase prices, fuel and power prices decreased by 9.8%, black metal material prices decreased by 7.3%, chemical raw material prices decreased by 5.4%, agricultural and sideline product prices decreased by 2.6%, textile raw material prices decreased by 2.5%, and construction materials and non-metal prices decreased by 1.1%; non-ferrous metal materials and wires prices increased by 4.6%. II. Changes in month-on-month industrial producer prices: In May, among the ex-factory prices of industrial producers, the prices of production materials decreased by 0.6%, affecting a total decrease of approximately 0.44 percentage points. Specifically, prices in the mining industry dropped by 2.5%, raw material industry prices dropped by 0.9%, and processing industry prices dropped by 0.3%. Prices of living materials remained stable. Among them, food prices decreased by 0.1%, clothing prices rose by 0.2%, and general daily necessities and durable consumer goods prices each rose by 0.1%. For industrial producer purchase prices, fuel and power prices decreased by 2.1%, chemical raw material prices decreased by 1.2%, black metal material prices decreased by 0.6%, textile raw material prices decreased by 0.4%, construction materials and non-metal prices decreased by 0.2%, non-ferrous metal materials and wires prices decreased by 0.1%; agricultural and sideline product prices remained stable. Main data on industrial producer prices in May 2025 This article is compiled from the National Bureau of Statistics, edited by GMTEight: Li Fu.