National Bureau Of Statistics: The Ex Factory Price Of Industrial Producers Rose By 10.3% In December 2021 Year On Year

In December 2021, the ex factory prices of industrial producers in China increased by 10.3% year-on-year and decreased by 1.2% month on month; The purchase price of industrial producers increased by 14.2% year-on-year and decreased by 1.3% month on month. In the whole year of 2021, the ex factory price of industrial producers increased by 8.1% over the previous year, and the purchase price of industrial producers increased by 11.0%.

1、 Year on year changes in industrial producer prices

Among the ex factory prices of industrial producers, the price of means of production rose by 13.4%, which affected the overall level of ex factory prices of industrial producers by about 10.07 percentage points. Among them, the prices of mining industry, raw material industry and processing industry increased by 44.2%, 19.7% and 8.2%, respectively. The price of means of living rose by 1.0%, which affected the rise of the total ex factory price of industrial producers by about 0.25%. Among them, the price of food and general daily necessities increased by 1.4%, the price of clothing increased by 1.0%, and the price of durable consumer goods increased by 0.4%.

Among the purchase prices of industrial producers, the price of fuel and power increased by 35.5%, the price of chemical raw materials increased by 20.5%, the price of non-ferrous metal materials and wires increased by 19.0%, and the price of ferrous metal materials increased by 14.0%.

2、 Month on month changes in industrial producer prices

Among the ex factory prices of industrial producers, the price of means of production dropped by 1.6%, which affected the overall level of ex factory prices of industrial producers by about 1.21 percentage points. Among them, the price of mining industry decreased by 6.8%, the price of raw material industry decreased by 1.7%, and the price of processing industry decreased by 0.9%. The price of means of living was flat. Among them, the price of food and general daily necessities increased by 0.1%, the price of clothing decreased by 0.3%, and the price of durable consumer goods decreased by 0.1%.

Among the purchase prices of industrial producers, the prices of fuel and power decreased by 3.8%, the prices of ferrous materials decreased by 2.2%, the prices of chemical raw materials decreased by 1.7%, and the prices of non-ferrous metal materials and wires decreased by 1.4%.