National Bureau of Statistics: In January, the Producer Price Index (PPI) in the industrial sector fell by 1.4% compared to the same period last year.

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09:47 11/02/2026
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In January 2026, the producer prices for industrial goods in the whole country decreased by 1.4% year-on-year, narrowing down by 0.5 percentage points compared to the previous month.
According to data from the National Bureau of Statistics, in January 2026, the national industrial producer prices fell by 1.4% year-on-year, a decrease of 0.5 percentage points from the previous month; month-on-month, they rose by 0.4%, an increase of 0.2 percentage points from the previous month. The industrial producer purchase prices fell by 1.4% year-on-year, a decrease of 0.7 percentage points from the previous month; month-on-month, they rose by 0.5%, an increase of 0.1 percentage points from the previous month. I. Changes in industrial producer prices year-on-year In January, among industrial producer prices, the prices of production materials decreased by 1.3%, resulting in a decrease of about 1.06 percentage points in the overall level of industrial producer prices. Specifically, the prices of extraction industry decreased by 8.1%, raw material industry decreased by 2.0%, and processing industry decreased by 0.4%. The prices of daily necessities decreased by 1.7%, resulting in a decrease of about 0.38 percentage points in the overall level of industrial producer prices. Specifically, food prices decreased by 1.9%, clothing prices decreased by 0.7%, and prices of general daily necessities and durable consumer goods all decreased by 1.8%. Among industrial producer purchase prices, fuel and power prices decreased by 7.1%, chemical raw material prices decreased by 5.8%, building materials and non-metal prices decreased by 4.7%, black metal materials, and agricultural products prices decreased by 2.9%, and textile raw material prices decreased by 2.2%; prices of non-ferrous metal materials and wires increased by 16.1%. II. Changes in industrial producer prices month-on-month In January, among industrial producer prices, the prices of production materials increased by 0.5%, resulting in an increase of about 0.37 percentage points in the overall level of industrial producer prices. Specifically, the prices of extraction industry decreased by 1.7%, raw material industry increased by 0.7%, and processing industry increased by 0.5%. The prices of daily necessities increased by 0.1%, resulting in an increase of about 0.01 percentage points in the overall level of industrial producer prices. Specifically, food prices decreased by 0.1%, clothing prices decreased by 0.3%, prices of general daily necessities decreased by 0.1%, and durable consumer goods prices increased by 0.3%. Among industrial producer purchase prices, prices of non-ferrous metal materials and wires increased by 4.5%, agricultural products prices increased by 0.7%, chemical raw material prices increased by 0.1%; fuel and power prices decreased by 0.7%, and building materials and non-metal prices decreased by 0.6%; prices of black metal materials and textile raw materials remained unchanged. Main data on industrial producer prices in January 2026 This article is selected from the "National Bureau of Statistics official website"; Edited by GMTEight: Li Fo.