China ’s national industrial producer's factory price index in October (October (October (October’ s factory price index (PPI) decreased by 1.3%year -on -year, the first year -on -year decrease in December 2020.

According to the official website of China National Statistics Bureau on Wednesday (November 9), in October0.3%month -on -month.From January to October this year, the national PPI average increased by 5.2%over the same period last year, and the purchase price of industrial producers rose 7.5%.

Data show that the price of production data in October decreased by 2.5%year -on -year, which affected the total level of industrial producers' export prices of about 1.81 percentage points, of which the mining industrial price decreased by 6.7%, the raw material industry prices rose 1.2%, processing processing, processing processing, processingIndustrial prices fell 3.5%.The price of living materials rose by 2.2%, affecting the total level of industrial producers' export prices of about 0.51 percentage points, of which food prices rose 4.6%, clothing prices rose 2.5%, general daily necessities prices rose 1.6%, and the prices of durable consumer goods rose by 0.2%.

Among the purchase prices of industrial producers, the price of agricultural and sideline products rose 11.1%, the price of fuel power rose 7.3%; the price of black metal materials decreased by 12.3%, and the price of building materials and non -metal categories decreased by 5.1%The price of non -ferrous metal materials and wires decreased by 4.9%, and the price of chemical raw materials decreased by 2.8%.

Dong Lijuan, chief statistician of the Urban Department of the National Bureau of Statistics of China, said that PPI has increased from 0.9%from September to 1.3%year -on -year, which is mainly affected by the high comparison base of the same period last year.

She pointed out that according to calculations, in October, 1.3%of the PPI declined year-on-year, the tail impact of the price change last year was about -1.2 percentage points, and the new price increase was about -0.1 percentage points.

On the other hand, China ’s consumer price index (CPI) in October in October increased by 2.1%year -on -year, and the increase fell 0.7 percentage points from the previous month.The analysis states that the falling fall is mainly affected by factors such as the decline in consumer demand after the festival and the higher comparison base of last year.