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Wang Guanhua, press spokesman for the National Bureau of Statistics and head of the National Economic Comprehensive Statistics Department, said at the press conference of the State Information Office on the 19th that according to monitoring, the overall rise in industry prices has increased in recent months. Of the 41 major industrial industries, prices rose in 21 industries in September. Compared with when PPI changed from negative to positive in March, 8 industries increased. Prices in the equipment manufacturing, raw material manufacturing, and consumer goods manufacturing industries all increased to varying degrees. However, due to factors such as the production cycle, inventory adjustments, degree of competition, and the bargaining power of enterprises in upstream and downstream industries, price transmission often declines step by step along the industrial chain. This is a fairly common phenomenon in the market economy.
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Wang Guanhua, press spokesman for the National Bureau of Statistics and head of the National Economic Comprehensive Statistics Department, said at the press conference of the State Information Office on the 19th that according to monitoring, the overall rise in industry prices has increased in recent months. Of the 41 major industrial industries, prices rose in 21 industries in September. Compared with when PPI changed from negative to positive in March, 8 industries increased. Prices in the equipment manufacturing, raw material manufacturing, and consumer goods manufacturing industries all increased to varying degrees. However, due to factors such as the production cycle, inventory adjustments, degree of competition, and the bargaining power of enterprises in upstream and downstream industries, price transmission often declines step by step along the industrial chain. This is a fairly common phenomenon in the market economy.
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