In March 2016, the ex-factory price of industrial producers nationwide rose by 0.5% month-on-month, down 4.3% year-on-year. The purchase price of industrial producers rose 0.3% month-on-month, down 5.2% year-on-year. From January to March, the factory prices of industrial producers decreased by 4.8% year-on-year, and the purchase prices of industrial producers decreased by 5.8% year-on-year.
I. The year-on-year change in prices of industrial producers
In the ex-factory price of industrial producers, the price of means of production fell by 5.7% year-on-year, affecting the total level of ex-factory prices of industrial producers nationwide by about 4.2 percentage points. Among them, the price of mining industry fell by 16.3%, the price of raw material industry decreased by 8.8%, and the price of processing industry decreased by 3.6%. The price of living materials fell by 0.2% year-on-year, affecting the total level of the national producer prices of industrial producers by about 0.1 percentage point. Among them, food prices rose 0.7%, clothing prices rose 0.8%, general commodity prices fell 0.6%, durable consumer goods prices fell 1.7%.
It is estimated that in the -4.3% year-on-year decline in the total level of the ex-factory prices of industrial producers in March, the tailgate factor for price changes last year was about -4.0%, and the new price increase factor was -0.3%.
Among the purchase prices of industrial producers, the price of fuel and power supplies fell by 10.4% year-on-year, the price of black metal materials decreased by 10.2%, the price of non-ferrous metal materials and wires dropped by 7.2%, the price of building materials and non-metals decreased by 5.4%, and chemical raw materials Class prices fell by 4.3%.
Second, the industrial producer price chain changes
Among the ex-factory prices of industrial producers, the price of means of production rose by 0.7% month-on-month, affecting the overall level of ex-factory prices of industrial producers nationwide by about 0.5%. Among them, the price of mining industry rose by 2.4%, the price of raw material industry rose by 0.8%, and the price of processing industry increased by 0.5%. The price of living materials rose by 0.1% month-on-month. Among them, food prices rose by 0.2%, clothing prices were flat (ups and downs by 0, the same below), general commodity prices rose by 0.2%, and durable consumer goods prices fell by 0.1%.
Among the purchase prices of industrial producers, the price of ferrous materials increased by 1.6%, that of non-ferrous metal materials and wires rose by 1.5%, that of chemical raw materials increased by 0.7%, and that of fuels and powers remained flat.
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