Core Insights - In September, 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 Purchase Price Index (IPI) also saw a year-on-year decrease of 4.9%, with the decline narrowing by 1.2 percentage points from the previous month [1] Price Trends - The PPI for production materials fell by 1.4% year-on-year, with specific declines in various sectors: mining industry down 5.3%, raw materials down 2.1%, and processing industry down 0.4% [1] - The PPI for living materials experienced a significant year-on-year drop of 10.4%, with durable consumer goods down 17.3%, food down 4.6%, general daily necessities down 2.6%, and clothing down 1.3% [1] Raw Material Price Changes - 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: building materials and non-metallic down 2.6%, black metal materials down 4.8%, chemical raw materials down 7.8%, fuel and power down 8.2%, and agricultural by-products down 9.6% [1]

Core Insights - In August 2025, the Producer Price Index (PPI) in Liaoning decreased by 4.5% year-on-year, with a narrowing decline of 1.3 percentage points compared to the previous month. Month-on-month, it increased by 0.1%, a decrease in growth of 0.2 percentage points from the last month [1] - The Industrial Producer Price Index (IPI) fell by 6.1% year-on-year, with a narrowing decline of 0.7 percentage points from the previous month. Month-on-month, it shifted from a decrease of 0.2% to an increase of 0.3% [1] Price Trends - The prices of production materials decreased by 3.4% year-on-year in August, with specific declines in various sectors: mining industry down by 8.8%, raw materials industry down by 4.6%, and processing industry down by 1.5% [1] - Consumer goods prices saw a year-on-year decline of 9.6%, with durable goods down by 16.9%, food down by 3.3%, general daily necessities down by 2.4%, and clothing down by 0.3% [1] Raw Material Price Movements - In August, the prices of nine major raw materials showed a mixed trend with "two increases and seven decreases." Notable increases included non-ferrous metals and wire materials up by 2.2%, and textile raw materials up by 1.1% [1] - Other industrial raw materials and semi-finished products decreased by 1.3%, wood and pulp materials down by 1.9%, construction materials and non-metallic materials down by 3.2%, black metal materials down by 6.9%, chemical raw materials down by 8.1%, agricultural and sideline products down by 10.5%, and fuel and power down by 10.6% [1]