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The Statistics Bureau released a message on February 15th. In January 2019, the ex-factory price of industrial producers rose by 0.1% year-on-year and 0.6% quarter-on-quarter; the purchase price of industrial producers rose by 0.2% year-on-year and 0.9% quarter-on-quarter.
In terms of year-on-year changes in industrial producer prices, in January, the price of production materials fell by 0.1% year-on-year, and the total factory price of industrial producers fell by about 0.10 percentage points. Among them, the price of mining industry rose by 1.2%, the price of raw material industry fell by 1.6%, and the price of processing industry rose by 0.3%. The price of living materials rose by 0.6% year-on-year, affecting the total level of ex-factory prices of industrial producers by about 0.15 percentage points. Among them, the price of food rose by 0.8%, the price of clothing rose by 1.6%, the price of general merchandise rose by 0.3%, and the price of durable consumer goods was flat.
Among industrial producers' purchase prices, construction materials and non-metals prices rose by 6.4% year-on-year, ferrous metal materials prices rose by 1.0%, fuel power prices rose by 0.3%, and non-ferrous metal materials and wire prices fell by 3.3%.
In terms of the price changes of industrial producers, in January, the price of production materials fell by 0.8% from the factory price of industrial producers, affecting the overall level of ex-factory prices of industrial producers by about 0.57 percentage points. Among them, the price of mining industry fell by 1.2%, the price of raw material industry fell by 1.5%, and the price of processing industry fell by 0.4%. The price of living materials is flat. Among them, the price of food and durable consumer goods fell by 0.1%, the price of clothing rose by 0.2%, and the price of general daily necessities was flat.
Among the purchase prices of industrial producers, the price of fuel power decreased by 2.1%, the price of non-ferrous materials and wires decreased by 0.8%, the price of ferrous materials decreased by 0.6%, and the prices of construction materials and non-metals were flat.
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