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2025年7月份工业生产者出厂价格环比降幅收窄
Yang Shi Wang·2025-08-09 02:11

Core Insights - In July 2025, the national industrial producer price index (PPI) decreased by 0.2% month-on-month, while the industrial producer purchase price index (PPPI) fell by 0.3%, with the decline narrowing by 0.2 and 0.4 percentage points compared to the previous month respectively [1] - Year-on-year, the PPI dropped by 3.6%, and the PPPI decreased by 4.5% [1] - For the average from January to July, the PPI declined by 2.9% compared to the same period last year, and the PPPI fell by 3.2% [1] Price Changes in July - In July, the prices of production materials decreased by 4.3%, contributing approximately 3.20 percentage points to the overall decline in the PPI [3] - The mining industry saw a price drop of 14.0%, while raw materials and processing industries experienced declines of 5.4% and 3.1% respectively [3] - Prices of living materials decreased by 1.6%, impacting the overall PPI by about 0.42 percentage points, with food prices down by 1.8% and durable goods prices down by 3.5% [3] Month-on-Month Price Changes - In July, the production materials prices decreased by 0.2%, affecting the overall PPI by approximately 0.17 percentage points [8] - The mining industry prices fell by 0.2%, raw materials prices decreased by 0.1%, and processing industry prices dropped by 0.3% [8] - Living materials prices also decreased by 0.2%, with food prices remaining stable and durable goods prices declining by 0.6% [8] Purchase Price Changes - In the PPPI, fuel and power prices decreased by 10.8%, black metal materials by 8.0%, and chemical raw materials by 6.5% [7] - Agricultural products prices fell by 4.6%, while construction materials and non-metallic materials prices decreased by 3.8% [7] - However, prices for non-ferrous metal materials and wires increased by 2.8% [7]