Core Insights - In January 2026, the Producer Price Index (PPI) in Liaoning decreased by 4.0% year-on-year, with the decline widening by 0.5 percentage points compared to the previous month [1] - The Industrial Producer Price Index (IPI) also saw a year-on-year decrease of 4.5%, with the decline expanding by 0.1 percentage points from the previous month [1] Group 1: Price Trends - The PPI for production materials fell by 4.0% year-on-year, with raw materials down by 6.7%, mining industry down by 3.8%, and processing industry down by 1.1% [1] - The PPI for living materials decreased by 4.4% year-on-year, with durable consumer goods down by 5.8%, food down by 4.1%, general daily goods down by 2.0%, and clothing up by 0.3% [1] Group 2: Raw Material Price Changes - In January, the prices of nine categories of raw materials showed a "two increases and seven decreases" trend year-on-year [1] - Prices for non-ferrous metals and wires increased by 7.5% and wood and pulp by 1.0%, while other industrial raw materials and semi-finished products decreased by 1.2%, textile raw materials by 1.4%, black metal materials by 2.0%, agricultural products by 3.8%, construction materials and non-metals by 4.3%, chemical raw materials by 7.8%, and fuel and power by 9.3% [1]

Group 1 - In January 2026, the national industrial producer price index (PPI) decreased by 1.4% year-on-year, with the decline narrowing by 0.5 percentage points compared to the previous month; month-on-month, it increased by 0.4%, with the increase expanding by 0.2 percentage points from the previous month [1] - The industrial producer purchase price index also saw a year-on-year decrease of 1.4%, with the decline narrowing by 0.7 percentage points from the previous month; month-on-month, it increased by 0.5%, with the increase expanding by 0.1 percentage points from the previous month [1] Group 2 - In January, the prices of production materials decreased by 1.3%, contributing approximately 1.06 percentage points to the overall decline in industrial producer prices; within this category, mining industry prices fell by 8.1%, raw materials prices decreased by 2.0%, and processing industry prices dropped by 0.4% [2] - Prices of living materials decreased by 1.7%, contributing about 0.38 percentage points to the overall decline; food prices fell by 1.9%, clothing prices decreased by 0.7%, and prices of general daily goods and durable consumer goods both declined by 1.8% [2] - In terms of purchase prices, fuel and power prices decreased by 7.1%, chemical raw material prices fell by 5.8%, and construction materials and non-metallic prices dropped by 4.7%; however, prices of non-ferrous metals and wires increased by 16.1% [2] Group 3 - Month-on-month, production material prices increased by 0.5%, contributing approximately 0.37 percentage points to the overall increase in industrial producer prices; mining industry prices decreased by 1.7%, while raw materials prices rose by 0.7% and processing industry prices increased by 0.5% [2] - Living material prices saw a slight increase of 0.1%, contributing about 0.01 percentage points to the overall increase; food prices decreased by 0.1%, clothing prices fell by 0.3%, and general daily goods prices dropped by 0.1%, while durable consumer goods prices increased by 0.3% [2]

Core Insights - In January 2026, the national industrial producer price index (PPI) decreased by 1.4% year-on-year, with the decline narrowing by 0.5 percentage points compared to the previous month; month-on-month, it increased by 0.4%, with the increase expanding by 0.2 percentage points from the previous month [1] Group 1: Year-on-Year Changes - In January, the producer prices for production materials fell by 1.3%, contributing approximately 1.06 percentage points to the overall decline in the industrial producer price index. The mining industry saw a price drop of 8.1%, while raw materials and processing industries experienced declines of 2.0% and 0.4%, respectively [4] - Prices for living materials decreased by 1.7%, impacting the overall industrial producer price index by about 0.38 percentage points. Food prices fell by 1.9%, clothing prices by 0.7%, and prices for general daily goods and durable consumer goods both decreased by 1.8% [4] Group 2: Month-on-Month Changes - In January, the producer prices for production materials increased by 0.5%, contributing approximately 0.37 percentage points to the overall increase in the industrial producer price index. The mining industry prices decreased by 1.7%, while raw materials and processing industries saw increases of 0.7% and 0.5%, respectively [8] - Prices for living materials rose by 0.1%, contributing about 0.01 percentage points to the overall increase. Food prices decreased by 0.1%, clothing prices by 0.3%, while prices for general daily goods decreased by 0.1%, and durable consumer goods prices increased by 0.3% [8] Group 3: Purchase Price Changes - In the industrial producer purchase price index, fuel and power prices fell by 7.1%, chemical raw materials by 5.8%, and building materials and non-metallic materials by 4.7%. Prices for black metal materials and agricultural products both decreased by 2.9%, while textile raw materials saw a decline of 2.2%. Conversely, prices for non-ferrous metal materials and wires increased by 16.1% [7]

12月份九大类原材料购进价格同比呈现"一涨八降"走势。其中：木材及纸浆类上涨1.2%；其他工业原材 料及半成品类下降0.7%，有色金属材料及电线类下降0.9%，纺织原料类下降1.0%，黑色金属材料类下 降2.2%，建筑材料及非金属类下降5.6%，农副产品类下降6.4%，化工原料类下降7.3%，燃料动力类下 降9.0%。 编辑：幸骊莎 新华财经沈阳1月10日电（记者李宇佳）记者从国家统计局辽宁调查总队了解到，2025年12月份，辽宁 工业生产者出厂价格（PPI）同比下降3.5%，降幅较上月扩大0.4个百分点；环比下降0.9%，降幅较上月 扩大0.6个百分点。工业生产者购进价格（IPI）同比下降4.4%，降幅较上月扩大0.2个百分点；环比下降 0.6%，降幅较上月收窄0.2个百分点。 从两大部类看：12月份生产资料出厂价格同比下降2.9%，其中采掘工业下降4.9%，原料工业下降 4.0%，加工工业下降1.7%。生活资料出厂价格同比下降6.2%，其中耐用消费品下降9.5%，食品下降 4.2%，一般日用品下降2.6%，衣着下降0.5%。 ...

Core Insights - The core viewpoint of the article highlights the trends in industrial producer prices in China, indicating a decline in both the ex-factory and purchase prices for the year 2025, with specific monthly changes noted for December [1] Group 1: Price Trends - In December 2025, the national industrial producer ex-factory prices decreased by 1.9% year-on-year, with the decline narrowing by 0.3 percentage points compared to the previous month [1] - Month-on-month, the ex-factory prices increased by 0.2%, marking an expansion of 0.1 percentage points from the prior month [1] - The industrial producer purchase prices fell by 2.1% year-on-year in December 2025, with the decline narrowing by 0.4 percentage points from the previous month [1] Group 2: Annual Overview - For the entire year of 2025, the industrial producer ex-factory prices decreased by 2.6% [1] - The industrial producer purchase prices saw a decline of 3.0% for the year 2025 [1]

生产资料: (%) 4.0 2.0 0.0 -0.2 -0.2 -0.4 -0.5 -0.6 0.0 -2.0 -2.6 -2.6 -2.5 -2.8 -4.0 -3.1 -4. 0 -6.0 -8.0 2024年 2025年 2月 4月 3月 5月 12月 1月 2025年12月份，全国工业生产者出厂价格同比下降1.9%，降幅比上月收窄0.3个百分点；环比上涨0.2%，涨幅比上月扩大0.1个百分点。工业生产者购进价格 同比下降2.1%，降幅比上月收窄0.4个百分点；环比上涨0.4%，涨幅比上月扩大0.3个百分点。2025年全年，工业生产者出厂价格下降2.6%，工业生产者购进 价格下降3.0%。 一、工业生产者价格同比变动情况 12月份，工业生产者出厂价格中，生产资料价格下降2.1%，影响工业生产者出厂价格总水平下降约1.53个百分点。其中，采掘工业价格下降4.7%，原材料工 业价格下降2.6%，加工工业价格下降1.6%。生活资料价格下降1.3%，影响工业生产者出厂价格总水平下降约0.35个百分点。其中，食品价格下降1.5%，衣 着价格下降0.1%，一般日用品价格上涨1.4%，耐用消费品价格下降3.5%。 1 ...

Core Viewpoint - The National Bureau of Statistics reported that in November, the Producer Price Index (PPI) continued to rise month-on-month for the second consecutive month, indicating a positive trend in industrial production prices [1] Group 1: Economic Indicators - In November, the year-on-year decline in the prices of photovoltaic equipment and components manufacturing, lithium-ion battery manufacturing, and new energy vehicle manufacturing narrowed by 2.0, 0.7, and 0.6 percentage points respectively compared to the previous month [1] - The overall trend since August shows a continuous narrowing of the year-on-year decline in PPI [1]

Core Insights - In October 2025, the Producer Price Index (PPI) in Liaoning decreased by 1.2% year-on-year, with the decline narrowing by 1.9 percentage points compared to the previous month [1] - The Industrial Producer Price Index (IPI) fell by 3.8% year-on-year, with a reduction of 1.1 percentage points from the previous month [1] Price Trends - The prices of production materials decreased by 0.7% year-on-year in October, with the mining industry down by 4.3% and processing industry down by 1.1% [1] - Consumer goods prices fell by 3.2% year-on-year, with food prices down by 4.6%, daily necessities down by 2.5%, durable goods down by 2.4%, and clothing down by 0.7% [1] Raw Material Price Movements - In October, the prices of nine major raw materials showed a "three increases and six decreases" trend year-on-year [1] - Prices for non-ferrous metals and wires increased by 0.8%, wood and pulp by 0.6%, and textile raw materials by 0.1% [1] - Other industrial raw materials and semi-finished products decreased by 0.7%, black metal materials by 3.2%, construction materials and non-metallic products by 4.6%, fuel and power by 6.5%, agricultural products by 7.0%, and chemical raw materials by 7.1% [1]

Core Insights - In September 2025, the Producer Price Index (PPI) in Liaoning decreased by 3.1% year-on-year, with the decline narrowing by 1.4 percentage points compared to the previous month [1] - The Industrial Producer Price Index (IPI) also saw a year-on-year decrease of 4.9%, with a narrowing decline of 1.2 percentage points from the previous month [1] Price Trends - The year-on-year decrease in the prices of production materials was 1.4%, with specific declines in various sectors: mining industry down 5.3%, raw materials down 2.1%, and processing industry down 0.4% [1] - Consumer goods experienced a significant year-on-year price drop of 10.4%, with durable goods down 17.3%, food down 4.6%, general daily necessities down 2.6%, and clothing down 1.3% [1] Raw Material Price Movements - In September, the prices of nine major raw materials showed a mixed trend with "two increases and seven decreases" year-on-year [1] - Notable increases included non-ferrous metals and wire materials up by 1.4%, and textile raw materials up by 0.1% [1] - Significant decreases were observed in various categories: wood and pulp down 0.2%, other industrial raw materials and semi-finished products down 0.9%, construction materials and non-metallic materials down 2.6%, black metal materials down 4.8%, chemical raw materials down 7.8%, fuel and power down 8.2%, and agricultural products down 9.6% [1]

Core Insights - The National Bureau of Statistics reported a year-on-year decline of 2.3% in the Producer Price Index (PPI) for industrial producers in September 2025, with the decline narrowing by 0.6 percentage points compared to the previous month [1] - The average PPI for January to September 2025 decreased by 2.8% compared to the same period last year [1] Group 1: Producer Prices - In September, the prices of production materials fell by 2.4%, contributing approximately 1.81 percentage points to the overall decline in the PPI [1] - The mining industry experienced a significant price drop of 9.0%, while raw materials and processing industries saw declines of 2.9% and 1.7%, respectively [1] Group 2: Purchasing Prices - The purchasing prices for industrial producers decreased by 3.1% year-on-year in September, with the decline narrowing by 0.9 percentage points from the previous month [1] - The average purchasing price for January to September 2025 fell by 3.2% compared to the same period last year [1] Group 3: Consumer Prices - In September, consumer goods prices decreased by 1.7%, impacting the overall PPI by approximately 0.45 percentage points [1] - Food prices dropped by 1.7%, while clothing prices decreased by 0.3%. Conversely, general daily necessities saw a price increase of 0.7%, and durable consumer goods prices fell by 3.9% [1]