国家统计局：8月份PPI同比下降2.9%，环比持平

Core Viewpoint - In August 2025, the national industrial producer price index (PPI) decreased by 2.9% year-on-year, with the decline narrowing by 0.7 percentage points compared to the previous month, and month-on-month changes shifted from a decrease of 0.2% to flat [1] Group 1: Producer Prices - The industrial producer ex-factory prices for the first eight months of the year averaged a 2.9% decrease compared to the same period last year [1] - The industrial producer purchase prices decreased by 4.0% year-on-year, remaining flat month-on-month [1] Group 2: Price Breakdown - In August, the prices of production materials fell by 3.2%, contributing approximately 2.40 percentage points to the overall decline in industrial producer ex-factory prices [1] - The mining industry saw a significant price drop of 11.5%, while raw materials and processing industries experienced declines of 4.1% and 2.2%, respectively [1] - Prices of living materials decreased by 1.7%, impacting the overall industrial producer ex-factory prices by about 0.45 percentage points [1] - Food prices decreased by 1.7%, clothing prices remained stable, general daily goods prices increased by 0.4%, and durable consumer goods prices fell by 3.7% [1]