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]

Group 1: Industrial Producer Price Changes - In September, the industrial producer price index showed a year-on-year decline of 2.3%, with a narrowing decrease of 0.6 percentage points compared to the previous month [3] - The prices of production materials decreased by 2.4%, contributing approximately 1.81 percentage points to the overall decline in industrial producer prices [2] - The average industrial producer price from January to September decreased by 2.8% compared to the same period last year [3] Group 2: Price Changes by Category - In the category of industrial producer purchase prices, fuel and power prices fell by 8.1%, while chemical raw materials decreased by 5.5% [5] - The prices of food decreased by 1.7%, while durable consumer goods saw a significant decline of 3.9% [2][8] - The prices of non-ferrous metal materials and wires increased by 6.6%, indicating a contrasting trend within the industrial materials sector [5][8] Group 3: Month-on-Month Price Changes - In September, the industrial producer prices remained stable month-on-month, with production materials prices unchanged [6] - The prices of mining industries increased by 1.2%, while processing industry prices saw a slight decline of 0.1% [6] - The purchase prices for industrial producers showed a month-on-month increase of 0.1%, with notable increases in non-ferrous metal materials and fuel prices [6][8]

Core Insights - In September 2025, the national industrial producer's ex-factory prices decreased by 2.3% year-on-year, with the decline narrowing by 0.6 percentage points compared to the previous month, while remaining stable month-on-month [1] - The average industrial producer's ex-factory prices from January to September fell by 2.8% compared to the same period last year [1] Group 1: Year-on-Year Changes - In September, the prices of production materials decreased by 2.4%, contributing approximately 1.81 percentage points to the overall decline in industrial producer's ex-factory prices [2] - The mining industry saw a price drop of 9.0%, while raw materials and processing industries experienced declines of 2.9% and 1.7%, respectively [2] - Prices for living materials decreased by 1.7%, impacting the overall price level by about 0.45 percentage points, with food prices down by 1.7% and durable goods prices down by 3.9% [2] Group 2: Month-on-Month Changes - In September, the prices of production materials remained stable, with mining prices increasing by 1.2% and processing prices decreasing by 0.1% [3] - Living material prices fell by 0.2%, with food prices down by 0.1% and durable goods prices down by 0.4% [3] - Among the industrial producer's purchase prices, non-ferrous metal materials and wires increased by 1.2%, while fuel and power prices rose by 0.5% [3]

Core Insights - In September 2025, the national industrial producer price index (PPI) decreased by 2.3% year-on-year, with the decline narrowing by 0.6 percentage points compared to the previous month, while remaining stable month-on-month [1] - The average PPI from January to September 2025 showed a decline of 2.8% compared to the same period last year [1] Group 1: Year-on-Year Changes - The prices of production materials decreased by 2.4%, contributing approximately 1.81 percentage points to the overall decline in the PPI [3] - The mining industry saw a significant price drop of 9.0%, while raw materials and processing industries experienced declines of 2.9% and 1.7%, respectively [3] - Prices for living materials fell by 1.7%, impacting the overall PPI by about 0.45 percentage points, with food prices down by 1.7% and durable goods prices down by 3.9% [3] Group 2: Month-on-Month Changes - In September, the PPI for production materials remained stable, with mining prices increasing by 1.2% and processing prices decreasing by 0.1% [8] - Living material prices decreased by 0.2%, with food prices down by 0.1% and durable goods prices down by 0.4% [8] - In the industrial purchase price index, prices for non-ferrous metals and wires increased by 1.2%, while fuel and power prices rose by 0.5% [8]

Core Insights - In September 2025, the national industrial producer price index (PPI) showed a year-on-year decline of 2.3%, with the decrease narrowing by 0.6 percentage points compared to the previous month, while remaining stable month-on-month [1] - The average PPI from January to September 2025 decreased by 2.8% compared to the same period last year [1] Group 1: Year-on-Year Changes - The prices of production materials fell by 2.4%, contributing approximately 1.81 percentage points to the overall decline in the PPI [3] - 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 [3] - Consumer goods prices decreased by 1.7%, with food prices down by 1.7% and durable goods prices down by 3.9% [3][10] Group 2: Month-on-Month Changes - In September, the PPI for production materials remained unchanged, with mining prices increasing by 1.2% and processing prices decreasing by 0.1% [8] - Consumer goods prices fell by 0.2%, with food prices down by 0.1% and durable goods prices down by 0.4% [8] - The industrial purchase price index saw a month-on-month increase of 0.1%, with notable increases in non-ferrous metal materials and electrical wire prices by 1.2% [8][10] Group 3: Specific Price Changes - Fuel and power prices dropped by 8.1%, while chemical raw materials and agricultural products saw declines of 5.5% and 5.4%, respectively [7] - The prices of non-metallic building materials decreased by 4.5%, while non-ferrous metal materials and electrical wire prices increased by 6.6% [7][10] - The coal mining and washing industry saw a year-on-year price drop of 16.8%, while the non-ferrous metal mining industry experienced a price increase of 13.9% [10]

Group 1 - In September, the producer price index for industrial producers showed a decline in the prices of production materials by 2.4%, contributing approximately 1.81 percentage points to the overall decrease in producer prices [2] - The prices in the extraction industry fell by 9.0%, while raw materials and processing industries saw declines of 2.9% and 1.7%, respectively [2] - Prices for living materials decreased by 1.7%, impacting the overall producer price index by about 0.45 percentage points, with food prices down by 1.7% and durable consumer goods down by 3.9% [2] Group 2 - Year-on-year changes in the producer price index indicated a 0.0% change in the overall producer price index, with a 2.3% decline compared to the previous year [10] - The producer price index for production materials showed a 3.3% year-on-year decrease, with specific declines in extraction (9.9%), raw materials (3.6%), and processing (2.6%) [10] - Living materials experienced a year-on-year decline of 1.5%, with food prices down by 1.6% and durable consumer goods down by 3.3% [10] Group 3 - In terms of month-on-month changes, the producer price index for industrial producers remained stable, with extraction prices increasing by 1.2% and processing prices decreasing by 0.1% [7] - Living materials saw a slight decrease of 0.2%, with food prices down by 0.1% and durable consumer goods down by 0.4% [7] - The purchase price index for industrial producers showed a 0.1% increase month-on-month, with notable increases in non-ferrous metal materials and electrical wire prices by 1.2% [8]

Group 1: Year-on-Year Changes in Industrial Producer Prices - In September, the producer prices for industrial producers saw a decline of 2.3% year-on-year, with production materials prices decreasing by 2.4%, contributing approximately 1.81 percentage points to the overall decline [8][11] - The mining industry experienced a significant price drop of 9.0%, while raw materials and processing industries saw decreases of 2.9% and 1.7%, respectively [8][10] - Consumer goods prices also fell by 1.7%, with food prices down by 1.7% and durable goods prices decreasing by 3.9% [8][10] Group 2: Month-on-Month Changes in Industrial Producer Prices - In September, the producer prices for industrial producers remained flat month-on-month, with production materials prices unchanged [7][10] - The mining industry prices increased by 1.2%, while processing industry prices saw a slight decline of 0.1% [7][10] - Consumer goods prices decreased by 0.2%, with durable goods prices down by 0.4% [7][10] Group 3: Industrial Producer Purchase Prices - The purchase prices for industrial producers decreased by 3.1% year-on-year, with fuel and power prices dropping by 8.1% [10][12] - Notably, prices for non-ferrous metals and wires increased by 6.6% year-on-year [10][12] - Month-on-month, purchase prices increased by 0.1%, driven by a 1.2% rise in non-ferrous metals and wires [10][12] Group 4: Key Industry Price Changes - The coal mining and washing industry saw a year-on-year price drop of 16.8%, while the oil and gas extraction industry experienced an 8.6% decline [10][12] - The non-ferrous metal mining industry reported a year-on-year price increase of 13.9% [10][12] - The food manufacturing industry experienced a slight decline of 1.3% year-on-year [10][12]

Core Insights - 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 prices remained stable after a 0.2% decline [1] Group 1: Year-on-Year Changes in Industrial Producer Prices - In August, the prices of production materials fell by 3.2%, contributing approximately 2.40 percentage points to the overall decline in the PPI. 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 [2] - Prices of living materials decreased by 1.7%, impacting the overall PPI by about 0.45 percentage points. Food prices fell by 1.7%, while clothing prices remained stable, and general daily goods prices increased by 0.4%. Durable consumer goods prices dropped by 3.7% [2] - In terms of purchase prices, fuel and power prices decreased by 9.7%, chemical raw materials by 6.2%, and both black metal materials and agricultural products by 5.6%. Prices for construction materials and non-metallic products fell by 4.7%, while textile raw materials decreased by 2.0%. Conversely, prices for non-ferrous metal materials and wires increased by 4.7% [2] Group 2: Month-on-Month Changes in Industrial Producer Prices - In August, production material prices increased by 0.1%, contributing approximately 0.08 percentage points to the overall PPI increase. The mining industry saw a 1.3% rise, while raw materials increased by 0.2%, and processing prices remained unchanged [3] - Living material prices decreased by 0.1%, impacting the overall PPI by about 0.03 percentage points. Food prices rose by 0.1%, clothing prices were stable, while general daily goods and durable consumer goods prices fell by 0.2% and 0.3%, respectively [3] - For purchase prices, construction materials and non-metallic products decreased by 1.4%, while chemical raw materials and agricultural products fell by 0.4%. Fuel and power prices increased by 0.7%, and black metal materials rose by 0.6%. Prices for non-ferrous metal materials, wires, and textile raw materials all saw a slight increase of 0.1% [3]

Core Insights - In July 2025, the Producer Price Index (PPI) in Liaoning decreased by 5.8% year-on-year, with the decline widening by 0.2 percentage points compared to the previous month [1] - The Industrial Producer Price Index (IPI) also saw a year-on-year decrease of 6.8%, with a slight month-on-month decline of 0.2%, which is a narrowing of the previous month's decline by 0.7 percentage points [1] Price Trends - The prices of production materials decreased by 5.0% year-on-year in July, with the mining industry down by 10.7%, raw materials down by 5.8%, and processing industry down by 3.7% [1] - Consumer goods prices fell by 9.5% year-on-year, with durable goods down by 15.1%, food down by 5.5%, general daily necessities down by 2.2%, while clothing saw a slight increase of 0.1% [1] Raw Material Price Movements - In July, the prices of nine major raw materials showed a mixed trend with two categories increasing and seven decreasing [1] - Textile raw materials increased by 1.7%, and non-ferrous metals and wire materials increased by 1.4% [1] - Conversely, building materials and non-metallic materials decreased by 0.9%, wood and pulp decreased by 1.0%, other industrial raw materials and semi-finished products decreased by 1.1%, chemical raw materials decreased by 7.9%, black metal materials decreased by 8.7%, agricultural and sideline products decreased by 9.9%, and fuel and power decreased by 12.8% [1]

Core Viewpoint - In July 2025, the national industrial producer price index showed a month-on-month decline in both the producer's ex-factory prices and the purchasing prices, indicating a continued downward trend in industrial prices [1][3]. Group 1: Year-on-Year Changes in Industrial Producer Prices - In July, the ex-factory prices of industrial producers decreased by 3.6% year-on-year, while the purchasing prices fell by 4.5% [1][3]. - The average decline from January to July for ex-factory prices was 2.9%, and for purchasing prices, it was 3.2% [1][3]. - The prices of production materials dropped by 4.3%, significantly impacting the overall ex-factory price level [3][7]. Group 2: Month-on-Month Changes in Industrial Producer Prices - In July, the ex-factory prices of industrial producers decreased by 0.2% month-on-month, with production materials contributing to a decline of approximately 0.17 percentage points [6][7]. - The purchasing prices of industrial producers fell by 0.3% month-on-month, with notable declines in fuel and power prices by 0.6% and black metal materials by 0.7% [6][7]. Group 3: Breakdown of Price Changes by Category - In the ex-factory price category, the mining industry saw a significant decline of 14.0% year-on-year, while the processing industry experienced a decrease of 3.1% [3][7]. - For purchasing prices, fuel and power prices decreased by 10.8%, and black metal materials dropped by 8.0% [5][7]. - The prices of durable consumer goods fell by 3.5%, while general daily goods saw a slight increase of 0.6% [3][7].