According to the data released by the National Bureau of Statistics today, in November 2014, the factory prices of industrial producers nationwide fell by 2.7% year-on-year and decreased by 0.5% month-on-month. The purchase price of industrial producers decreased by 3.2% year-on-year and 0.7% month-on-month. From January to November, the ex-factory price of industrial producers decreased by 1.8% year-on-year, and the purchase price of industrial producers decreased by 2.0% year-on-year.
In the ex-factory price of industrial producers, the price of production materials fell by 3.5% year-on-year, affecting the total level of ex-factory prices of industrial producers in the country by approximately 2.7 percentage points. Among them, the price of mining industry fell by 10.7%, the price of raw material industry decreased by 4.7%, and the price of processing industry decreased by 2.3%. The price of living materials fell by 0.1% year-on-year. Among them, food prices fell by 0.2%, clothing prices rose by 0.5%, general commodity prices rose by 0.1%, durable consumer goods prices fell by 0.7%.
Among the purchase prices of industrial producers, the price of ferrous materials decreased by 7.7% year-on-year, that of fuels and power supplies by 5.2%, that of nonferrous metal materials and wires by 2.5%, and that of chemical raw materials by 2.3%.
According to calculations, in November -2.7% of the year-on-year decline in the national industrial producer's total ex-factory price level, the last year's price change's excursion factor is about 0, and the new price increase factor is about -2.7%.
Among the ex-factory prices of industrial producers, the price of means of production fell by 0.6% month-on-month, affecting the total level of ex-factory prices of industrial producers in the country by about 0.5 percentage points. Among them, the price of mining industry fell by 2.3%, the price of raw material industry decreased by 1.2%, and the price of processing industry decreased by 0.2%. The price of living materials remained flat (the increase or decrease was 0, the same below). Among them, food prices fell 0.1%, clothing prices rose 0.1%, general commodity prices fell 0.2%, durable consumer goods prices were flat.
Among the purchase prices of industrial producers, the price of fuel and power supplies fell by 1.4%, the price of ferrous metal materials decreased by 1.0%, the price of chemical raw materials decreased by 0.9%, the price of non-ferrous metal materials and wires decreased by 0.6%, and construction materials and non-metals. The price is flat.