National Bureau of Statistics: in March, the year-on-year increase in PPI was 0.5%, and the increase from the previous month was 1.0%.

On April 10, the National Bureau of Statistics stated that in March 2026, the year-on-year industrial producer prices rose by 0.5% compared to a 0.9% decrease the previous month; on a month-on-month basis, prices rose by 1.0%, expanding by 0.6 percentage points compared to the previous month. The year-on-year industrial purchase prices also increased by 0.8% compared to a 0.7% decrease the previous month; on a month-on-month basis, prices rose by 1.2%, expanding by 0.5 percentage points. In the first quarter, industrial producer prices decreased by 0.6% compared to the same period last year, while industrial purchase prices fell by 0.5%. In March 2026, industrial producer prices rose on a year-on-year basis and the monthly increase expanded. In March 2026, the national industrial producer prices rose by 1.0% compared to the previous month, with a 0.81 percentage point contribution from the rise in production material prices. This includes a 2.0% increase in mining industry prices, a 1.1% increase in raw material industry prices, and a 0.9% increase in processing industry prices. Consumer goods prices fell by 1.3%, lowering the total industrial producer price level by about 0.28 percentage points. This includes a 1.7% decrease in food prices, a 1.1% decrease in clothing prices, a 1.4% decrease in general daily necessities prices, and a 1.0% decrease in durable consumer goods prices. Industrial producer purchase prices showed decreases in construction materials and non-metal prices by 4.4%, fuel and power prices by 3.8%, agricultural and sideline products prices by 2.7%, black metal materials prices by 2.3%, chemical raw material prices by 2.2%, and textile raw material prices by 0.6%; while non-ferrous metal materials and wire prices increased by 22.3%. In March, industrial producer prices rose by 1.3% compared to the previous month, with a 1.01 percentage point increase from production material prices. This includes a 3.9% increase in mining industry prices, a 2.4% increase in raw material industry prices, and a 0.5% increase in processing industry prices. Consumer goods prices fell by 0.1%, reducing the total industrial producer price level by about 0.02 percentage points. This includes a 0.2% decrease in food prices, a 0.1% decrease in clothing prices, a 0.1% increase in general daily necessities prices, and a 0.1% decrease in durable consumer goods prices. Industrial producer purchase prices increased in fuel and power prices by 3.6%, chemical raw material prices by 2.9%, non-ferrous metal materials and wire prices by 1.5%, textile raw material prices by 0.9%, and black metal materials prices by 0.2%; while agricultural and sideline products prices decreased by 0.5%, and construction materials and non-metal prices decreased by 0.1%. Key data on industrial producer prices in March 2026. This article is excerpted from the National Bureau of Statistics, edited by GMTEight, Chen Wenfang.