According to the data, in July 2022, the national ex-factory price for industrial producers increased by 4.2% year-on-year and decreased by 1.3% month-on-month; the purchase price of industrial producers increased by 6.5% year-on-year and decreased by 0.9% month-on-month. Among them, the prices of chemical raw materials and chemical products manufacturing increased by 10.6% year-on-year and decreased by 2.1% month-on-month.
From a month-on-month perspective, the fall in the prices of crude oil, non-ferrous metals and other international bulk commodities has led to a decline in the prices of domestic related industries. Among them, the prices of chemical raw materials and chemical products manufacturing industry fell by 2.1%, the prices of petroleum, coal and other fuel processing industries fell by 2.0%, and the prices of oil and natural gas fell by 2.0%. The price of mining industry fell by 1.3%; the price of coal mining and washing industry changed from an increase of 0.8% in the previous month to a decrease of 2.1%.
On a year-on-year basis, among the 40 major industrial sectors surveyed, 35 saw price increases, 2 less than last month. Among the major industries, the price increases fell: coal mining and washing rose 20.7%, down 10.7 percentage points; oil and natural gas extraction rose 43.9%, down 10.5 percentage points; petroleum, coal and other fuel processing industries rose 28.6%, Down 6.1 percentage points; chemical raw materials and chemical products manufacturing industry rose 10.6%, down 3.2 percentage points.
Among the purchasing prices of industrial producers, the price of fuel and power increased by 25.1% year-on-year and decreased by 0.2% month-on-month; the price of chemical raw materials increased by 8.9% year-on-year and decreased by 1.1% month-on-month.
On average from January to July, the ex-factory price of industrial producers rose by 7.2% over the same period of last year, and the purchase price of industrial producers rose by 9.8%. Among them, the prices of chemical raw materials and chemical products manufacturing increased by 15.5% year-on-year.
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