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National Bureau of Statistics: PPI rose 5.7% year on year in October, up 0.7% month on month
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The Zhitong Finance App learned that on November 9, data from the National Bureau of Statistics showed that in October 2026, the ex-factory prices of industrial producers across the country rose 5.7% year on year and 0.7% month on month. Purchase prices for industrial producers rose 7.9% year on year and 1.1% month on month. On average from January to October, the ex-factory price of industrial producers rose 2.7% over the same period last year, and the purchase price of industrial producers rose 4.0%.

The original text is as follows:

Ex-factory prices of industrial producers rose 5.7% year on year in October 2026, up 0.7% month on month

In October 2026, the ex-factory prices of industrial producers across the country rose 5.7% year on year and 0.7% month on month. Purchase prices for industrial producers rose 7.9% year on year and 1.1% month on month. On average from January to October, the ex-factory price of industrial producers rose 2.7% over the same period last year, and the purchase price of industrial producers rose 4.0%.

I. Year-on-year changes in industrial producer prices

In October, of the ex-factory prices of industrial producers, the price of means of production rose 7.4% year on year, affecting the overall ex-factory price level of industrial producers rising by about 5.77 percent. Among them, the price of the extractive industry increased by 27.9%, the price of the raw materials industry by 11.6%, and the price of the processing industry by 3.5%. The price of living materials fell by 0.1%, affecting the overall level of ex-factory prices of industrial producers by about 0.03 percentage points. Among them, the price of food decreased by 1.6%, the price of clothing decreased by 1.3%, the price of general daily necessities decreased by 0.7%, and the price of durable consumer goods increased by 1.4%.

Among the purchase prices of industrial producers, the price of fuel power increased by 18.6%, the price of chemical raw materials rose 16.8%, the price of non-ferrous metal materials and wires rose 16.7%, the price of textile raw materials increased by 5.3%, the price of agricultural and sideline products increased by 0.5%; the price of construction materials and non-metallic materials decreased by 1.9%, and the price of ferrous metal materials decreased by 1.1%.

II. Month-on-month changes in industrial producer prices

In October, among the ex-factory prices of industrial producers, the price of means of production rose 0.9% month-on-month, affecting the overall ex-factory price level of industrial producers rising by about 0.75 percent. Among them, the price of the extractive industry increased by 2.8%, the price of the raw materials industry by 2.0%, and the price of the processing industry by 0.2%. The price of living materials fell by 0.1%, affecting the overall level of ex-factory prices of industrial producers by about 0.01 percentage points. Among them, food prices remained flat, clothing prices fell 0.2%, and prices of general daily necessities and durable consumer goods all fell 0.1%.

Among the purchase prices of industrial producers, the price of fuel power products rose 4.1%, the price of chemical raw materials rose 3.2%, the price of textile raw materials rose 0.6%, the price of construction materials and non-metals rose 0.4%; the price of ferrous metal materials fell 0.6%, and the prices of non-ferrous metal materials, wires, agricultural and sideline products all fell 0.3%.

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This article was compiled from the official website of the “National Bureau of Statistics”, Zhitong Finance Editor: Feng Qiuyi.

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