2025年10月份工业生产者出厂价格同比降幅继续收窄 环比由平转涨

Core Insights - In October 2025, the national industrial producer's ex-factory prices decreased by 2.1% year-on-year, with a narrowing decline of 0.2 percentage points compared to the previous month, while month-on-month, it shifted from flat to an increase of 0.1% [1] - The average industrial producer's ex-factory prices from January to October fell by 2.7% compared to the same period last year [1] Group 1: Year-on-Year Changes - In October, the prices of production materials decreased by 2.4%, contributing approximately 1.77 percentage points to the overall decline in ex-factory prices. The mining industry saw a price drop of 7.8%, raw materials decreased by 2.5%, and processing industry prices fell by 1.9% [4] - Consumer goods prices decreased by 1.4%, impacting the overall ex-factory price level by about 0.36 percentage points. Food prices fell by 1.6%, while clothing prices decreased by 0.3% [4] Group 2: Month-on-Month Changes - In October, the ex-factory prices of production materials increased by 0.1%, contributing approximately 0.08 percentage points to the overall increase in ex-factory prices. The mining industry prices rose by 1.0%, while raw materials remained flat, and processing industry prices increased by 0.1% [8] - Consumer goods prices remained flat, with food and clothing prices both decreasing by 0.1%, while general consumer goods prices increased by 0.7% [8] Group 3: Industrial Purchase Prices - The industrial producer's purchase prices saw a year-on-year decline of 2.7%, with a month-on-month increase of 0.1%. The prices of fuel and power decreased by 7.4%, agricultural and sideline products fell by 5.2%, and chemical raw materials dropped by 5.0% [9][12] - Notably, prices for non-ferrous metals and wires increased by 7.5% [7]