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Manufacturers, Exporters, Wholesalers - Global trade starts here.
Producer Price Up 3.2% in November

The overall producer price for China's industrial products rose 3.2 percent year-on-year in November, down 0.8 percentage points from October, according to a report released by the National Bureau of Statistics (NBS) Friday.

 

The report also said that the purchasing price for raw materials, fuel, and power increased 5.4 percent year-on-year, down 1.1 percentage points from October.

 

The ex-factory price for production materials climbed up 4.5 percent year-on-year while that of the livelihood materials went down 0.5 percent compared with the same period last year.

 

In breakdown, the producer price for crude oil climbed 24.2 percent over the same period last year, leading to an increase of 0.8 percentage points in the overall producer price of industrial products. The producer price for coal increased by 17.1 percent.

 

The prices for steel products generally went down, so did prices for non-ferrous metals, said the report.

 

Accumulatively, the producer price for China's industrial products in the January-November period rose by 5.1 percent. The purchasing price of raw materials, fuel, and power increased 8.6 percent in the same period.

 

(Xinhua News Agency December 10, 2005)

 

Producer Price up 5.3% in August
Producer Prices Indicate Economy Cooling
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