Clothing & commodities and raw materials price up in Apr

15 May '06

2 min read

National Bureau of Statistics of China released the Producers' Price Index (PPI) for April 2006. It stated that April PPI up 1.9 percent.

In April, the producers' price for manufactured goods (PPI) rose by 1.9 percent over the same month of last year, purchasing prices for raw materials, fuels and power rose by 4.9 percent.

Producers' price for means of production rose by 2.6 percent over last April. Of which, prices for mining and quarrying industry, raw materials industry rose correspondingly up by 12.1 percent and 5.4 percent; that of machining industry was down by 0.1 percent compared with the same month of the previous year. Price for means of consumer goods was down by 0.4 percent, Year-on-Year.

Of which, the price for clothing and commodities rose by 1.2 percent and 0.5 percent, while that of durable consumer goods dropped by 2.0 percent.

Producers' price for crude oil rose by 19.3 percent over the same month of the previous year, its impact on the general level of producers' price for manufactured goods rose by 0.6 percent. The prices for oil products, such as gasoline, diesel oil and kerosene were rose by 22.9 percent, 25.5 percent and 20.1 percent.

Producers' price for polystyrene and terylene dropped by 9.4 percent and 7.1 percent compared with last April, while price for latex rose by 2.9 percent, year-on-year.

Besides, wherein the purchasing price for raw materials, fuels and power products, the price for fuel and power, non ferrous metal materials increased 12.4 percent and 23.0 percent respectively, while purchasing price for ferrous metals and chemical materials decreased 3.6 percent and 0.3 percent.

Comparing with the same period of the previous year, from January to April, the producers' price for manufactured goods rose by 2.6 percent, the purchasing price for raw materials, fuels and power products rose by 6.1 percent.

National Bureau of Statistics of China

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