National Bureau of Statistics: PPI in October rose 5.7% year-on-year and 0.7% month-on-month.
On November 9, data from the National Bureau of Statistics showed that in October 2026, the national industrial producer ex-factory prices rose 5.7% year-on-year and 0.7% month-on-month.
On November 9, data from the National Bureau of Statistics showed that in October 2026, the national ex-factory prices of industrial producers rose 5.7% year-on-year and 0.7% month-on-month. The purchase prices of industrial producers rose 7.9% year-on-year and 1.1% month-on-month. On average from January to October, the ex-factory prices of industrial producers rose 2.7% compared with the same period last year, and the purchase prices of industrial producers rose 4.0%.
The original text is as follows:
In October 2026, the ex-factory prices of industrial producers rose 5.7% year-on-year and 0.7% month-on-month.
In October 2026, the national ex-factory prices of industrial producers rose 5.7% year-on-year and 0.7% month-on-month. The purchase prices of industrial producers rose 7.9% year-on-year and 1.1% month-on-month. On average from January to October, the ex-factory prices of industrial producers rose 2.7% compared with the same period last year, and the purchase prices of industrial producers rose 4.0%.
I. Year-on-year changes in industrial producer prices
In October, among the ex-factory prices of industrial producers, the prices of means of production rose 7.4% year-on-year, affecting the overall level of ex-factory prices of industrial producers to rise by about 5.77 percentage points. Among them, the price of mining industry rose 27.9%, the price of raw materials industry rose 11.6%, and the price of processing industry rose 3.5%. The prices of means of living fell 0.1%, affecting the overall level of ex-factory prices of industrial producers to fall by about 0.03 percentage points. Among them, food prices fell 1.6%, clothing prices fell 1.3%, general daily necessities prices fell 0.7%, and durable consumer goods prices rose 1.4%.
Among the purchase prices of industrial producers, fuel and power prices rose 18.6%, chemical raw materials prices rose 16.8%, non-ferrous metal materials and wires prices rose 16.7%, textile raw materials prices rose 5.3%, and agricultural and sideline products prices rose 0.5%; building materials and non-metallic prices fell 1.9%, and ferrous metal materials prices fell 1.1%.
II. Month-on-month changes in industrial producer prices
In October, among the ex-factory prices of industrial producers, the prices of means of production rose 0.9% month-on-month, affecting the overall level of ex-factory prices of industrial producers to rise by about 0.75 percentage points. Among them, the price of mining industry rose 2.8%, the price of raw materials industry rose 2.0%, and the price of processing industry rose 0.2%. The prices of means of living fell 0.1%, affecting the overall level of ex-factory prices of industrial producers to fall by about 0.01 percentage points. Among them, food prices were flat, clothing prices fell 0.2%, and the prices of general daily necessities and durable consumer goods both fell 0.1%.
Among the purchase prices of industrial producers, fuel and power prices rose 4.1%, chemical raw materials prices rose 3.2%, textile raw materials prices rose 0.6%, and building materials and non-metallic prices rose 0.4%; ferrous metal materials prices fell 0.6%, and the prices of non-ferrous metal materials and wires and agricultural and sideline products both fell 0.3%.
This article is excerpted from the official website of the "National Bureau of Statistics", edited by GMTEight: Feng Qiuyi.
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