National Bureau of Statistics: In September, PPI rose 5.0% year-on-year and 1.2% month-on-month.
In September 2026, the national ex-factory prices for industrial producers rose 5.0% year-on-year and 1.2% month-on-month.
October 14, data from the National Bureau of Statistics showed that in September 2026, the national ex-factory prices for industrial producers rose 5.0% year-on-year and 1.2% month-on-month. The purchasing prices for industrial producers rose 6.9% year-on-year and 1.2% month-on-month. For the January-September average, ex-factory prices for industrial producers rose 2.3% compared with the same period last year, and purchasing prices for industrial producers rose 3.6%.
The original text is as follows:
In September 2026, ex-factory prices for industrial producers rose 5.0% year-on-year and 1.2% month-on-month.
In September 2026, the national ex-factory prices for industrial producers rose 5.0% year-on-year and 1.2% month-on-month. The purchasing prices for industrial producers rose 6.9% year-on-year and 1.2% month-on-month. For the January-September average, ex-factory prices for industrial producers rose 2.3% compared with the same period last year, and purchasing prices for industrial producers rose 3.6%.
I. Year-on-year changes in industrial producer prices
In September, among ex-factory prices for industrial producers, the prices of means of production rose 6.5% year-on-year, contributing to an increase of about 5.07 percentage points in the overall level of ex-factory prices for industrial producers. Among these, mining industry prices rose 25.4%, raw materials industry prices rose 9.4%, and processing industry prices rose 3.4%. Consumer goods prices fell 0.1%, contributing to a decrease of about 0.03 percentage points in the overall level of ex-factory prices for industrial producers. Among these, food prices fell 1.8%, clothing prices fell 1.2%, general daily-use goods prices fell 0.6%, and durable consumer goods prices rose 1.6%.
Among purchasing prices for industrial producers, nonferrous metal materials and wire prices rose 20.0%, fuel and power prices rose 13.6%, chemical raw materials prices rose 12.6%, and textile raw materials prices rose 4.5%; building materials and nonmetallic prices fell 2.3%, and ferrous metal materials and agricultural and sideline products prices both fell 0.4%.
II. Month-on-month changes in industrial producer prices
In September, among ex-factory prices for industrial producers, the prices of means of production rose 1.4% month-on-month, contributing to an increase of about 1.14 percentage points in the overall level of ex-factory prices for industrial producers. Among these, mining industry prices rose 7.7%, raw materials industry prices rose 2.6%, and processing industry prices rose 0.2%. Consumer goods prices rose 0.1%, contributing to an increase of about 0.03 percentage points in the overall level of ex-factory prices for industrial producers. Among these, food and durable consumer goods prices both rose 0.2%, while clothing and general daily-use goods prices were both flat.
Among purchasing prices for industrial producers, fuel and power prices rose 3.7%, chemical raw materials prices rose 2.4%, nonferrous metal materials and wire prices rose 1.4%, building materials and nonmetallic prices rose 0.7%, textile raw materials prices rose 0.6%, and agricultural and sideline products prices rose 0.1%; ferrous metal materials prices fell 0.2%.
This article was compiled from the official website of the "National Bureau of Statistics," GMTEight editor: Feng Qiuyi.
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