According to a news from the National Bureau of Statistics on December 9, in November 2020, the national factory prices for industrial producers fell 1.5% year-on-year and rose 0.5% month-on-month; the purchasing prices of industrial producers fell 1.6% year-on-year and rose 0.7% month-on-month.
From a month-on-month comparison, among the 40 industrial categories surveyed in the factory prices of industrial producers, 24 saw price increases, an increase of 12 over the previous month, and the increase reached 60%.
Affected by international crude oil prices and other factors, the price of chemical raw materials and chemical products manufacturing increased by 2.2%, the price of chemical fiber manufacturing increased by 1.9%, and the price of petroleum, coal and other fuel processing industries increased by 1.7%. Industry prices rose 0.9% month-on-month.
From a year-on-year perspective, the oil and natural gas extraction industry fell by 29.8%, a decrease of 0.6%; the processing industry of petroleum, coal and other fuels fell by 16.3%, and a decrease of 2.2%; the manufacturing of chemical raw materials and chemical products fell by 3.0% , Narrowed by 3.0 percentage points; coal mining and washing industry, decreased by 2.9%, narrowed by 2.6 percentage points.
In the purchasing prices of industrial producers, the price of fuel and power fell by 8.4% year-on-year and rose by 1.2% month-on-month; the price of chemical raw materials fell by 4.6% year-on-year and rose by 1.7% month-on-month.
On average from January to November, the ex-factory price of industrial producers fell by 2.0% over the same period last year, and the purchase price of industrial producers fell by 2.5%.
