National Bureau of Statistics: In October 2025, the year-on-year decrease in industrial producer prices continued to narrow, and the month-on-month price turned from flat to an increase.

On November 9th, the National Bureau of Statistics announced the data on changes in the ex-factory prices of industrial producers nationwide in October 2025. In October 2025, the ex-factory prices of industrial producers nationwide decreased by 2.1% year-on-year, with the decrease narrowing by 0.2 percentage points compared to the previous month; on a month-on-month basis, it increased by 0.1% from the previous month. The year-on-year decrease in the purchase prices of industrial producers was 2.7%, a decrease of 0.4 percentage points compared to the previous month; on a month-on-month basis, it increased by 0.1%, with the same magnitude of increase as the previous month. On average for January to October, the ex-factory prices of industrial producers decreased by 2.7% compared to the same period last year, while the purchase prices of industrial producers decreased by 3.2%. The original text is as follows: The National Bureau of Statistics announced that the year-on-year decline in industrial producer ex-factory prices narrowed in October 2025, and the month-on-month change shifted from stable to an increase. In October 2025, the year-on-year decrease in the ex-factory prices of industrial producers nationwide was 2.1%, with the decrease narrowing by 0.2 percentage points compared to the previous month; on a month-on-month basis, it increased by 0.1% from the previous month. The year-on-year decrease in the purchase prices of industrial producers was 2.7%, a decrease of 0.4 percentage points compared to the previous month; on a month-on-month basis, it increased by 0.1%, with the same magnitude of increase as the previous month. On average for January to October, the ex-factory prices of industrial producers decreased by 2.7% compared to the same period last year, while the purchase prices of industrial producers decreased by 3.2%. I. Changes in industrial producer prices year-on-year In October, among the industrial producer ex-factory prices, the prices of production materials decreased by 2.4%, affecting a total decline of about 1.77 percentage points in the overall ex-factory prices of industrial producers. Among them, prices in the mining industry fell by 7.8%, raw material prices fell by 2.5%, and processing industry prices fell by 1.9%. The prices of living materials decreased by 1.4%, affecting a total decline of about 0.36 percentage points in the overall ex-factory prices of industrial producers. Among them, food prices fell by 1.6%, clothing prices fell by 0.3%, general daily necessities prices rose by 1.0%, and durable consumer goods prices fell by 3.2%. In the purchase prices of industrial producers, fuel and power prices fell by 7.4%, agricultural and sideline product prices fell by 5.2%, chemical raw material prices fell by 5.0%, building materials and non-metal prices fell by 4.5%, black metal material prices fell by 2.8%, and textile raw materials prices fell by 1.8%; non-ferrous metal materials and wire prices rose by 7.5%. II. Changes in industrial producer prices on a monthly basis In October, among the industrial producer ex-factory price...