CCTV News: According to the website of the National Bureau of Statistics, in January 2025, the ex-factory prices and purchase prices of industrial producers across the country fell by 2.3% year-on-year, the same as last month; both fell by 0.2% month-on-month.
1. Year-on-year changes in industrial producer prices
In January, among the industrial producer prices, the price of means of production fell by 2.6%, affecting the total level of industrial producer prices to drop by about 1.95 percentage points. Among them, the price of the mining industry fell by 4.9%, the price of the raw material industry fell by 1.9%, and the price of the processing industry fell by 2.7%. The price of living materials fell by 1.2%, affecting the total level of industrial producer prices to drop by about 0.31 percentage points. Among them, food prices fell by 1.4%, clothing prices fell by 0.1%, general daily necessities prices rose by 0.5%, and durable consumer goods prices fell by 2.6%.
Among the prices purchased by industrial producers, the prices of ferrous metal materials fell by 8.9%, the prices of fuel and power fell by 5.2%, the prices of chemical raw materials fell by 4.1%, the prices of agricultural and sideline products fell by 3.3%, the prices of building materials and non-metals fell by 2.3%, and the prices of textile raw materials fell by 1.4%; the prices of non-ferrous metal materials and wires rose by 10.9%.
2. Momentum change in industrial producer prices
In January, among industrial producer prices, the price of means of production fell by 0.2%, affecting the total level of industrial producer prices to drop by about 0.17 percentage points. Among them, the price of the mining industry fell by 0.2%, the price of the raw material industry remained the same, and the price of the processing industry fell by 0.3%. Prices of living materials remain the same. Among them, food prices fell by 0.2%, clothing prices fell by 0.2%, general daily necessities prices fell by 0.1%, and durable consumer goods prices rose by 0.2%. Among the purchase prices of industrial producers, the prices of agricultural and sideline products fell by 0.4%, the prices of ferrous metal materials fell by 0.3%, the prices of chemical raw materials and textile raw materials fell by 0.2%, and the prices of fuel power, non-ferrous metal materials, wires, building materials and non-metals fell by 0.1%.
