国家统计局：1月份全国工业生产者出厂价格同比下降1.4%

Group 1: Core Insights - In January 2026, the national industrial producer price index (PPI) showed a year-on-year decrease of 1.4%, with the decline narrowing by 0.5 percentage points compared to the previous month, while the month-on-month increase was 0.4%, expanding by 0.2 percentage points from the previous month [1] Group 2: Year-on-Year Changes - The prices of production materials decreased by 1.3%, contributing approximately 1.06 percentage points to the overall decline in the PPI. The mining industry saw a price drop of 8.1%, raw materials decreased by 2.0%, and processing industry prices fell by 0.4% [4] - Prices of living materials decreased by 1.7%, impacting the overall PPI by about 0.38 percentage points. Food prices fell by 1.9%, clothing prices decreased by 0.7%, and both general daily goods and durable consumer goods prices dropped by 1.8% [4] Group 3: Month-on-Month Changes - In January, the prices of production materials increased by 0.5%, contributing approximately 0.37 percentage points to the overall PPI increase. The mining industry prices decreased by 1.7%, while raw materials and processing industry prices increased by 0.7% and 0.5%, respectively [8] - Living materials prices saw a slight increase of 0.1%, with food prices decreasing by 0.1% and clothing prices dropping by 0.3% [8] Group 4: Industrial Purchase Prices - The industrial producer purchase prices showed a year-on-year decrease of 1.4%. Fuel and power prices fell by 7.1%, chemical raw materials decreased by 5.8%, and construction materials and non-metallic materials dropped by 4.7%. However, prices for non-ferrous metals and wires increased by 16.1% [7][10] - Month-on-month, the purchase prices increased by 0.5%, with non-ferrous metals and wires rising by 4.5%, while fuel and power prices decreased by 0.7% [8][10]