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Home >> Business
UPDATED: 08:39, August 11, 2005
China's Producer Price Index up 5.2 percent in July
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The Producer Price Index (PPI) for China's industrial products went up 5.2 percent year-on-year in July, the same as in June, according to the National Bureau of Statistics (NBS).

An NBS report released here Wednesday said the PPI for means of production went up 7.1 percent in July compared with the same period last year, leading to an overall increase of 5.2 percentage points in PPI.

The PPI for means of livelihood went down 0.2 percent year-on-year.

In a breakdown, the PPI for crude oil climbed 31.4 percent over the same period last year, contributing to an overall increase of 1.1 percentage points in PPI.

The PPI for gasoline, kerosene, and diesel rose 22.5 percent, 18.3 percent, and 20.1 percent, respectively.

The PPI for the sector of coal mining and dressing grew 24.3 percent year-on-year, and the PPI for coal went up 24.4 percent.

The PPI for the sector of ferrous metal smelting and rolling increased 6.4 percent year-on-year, while that for nonferrous metal went up 11.9 percent.

The PPI for China's industrial products in the January-July period rose 5.6 percent. The purchasing price of raw materials, fuel, and power increased 9.7 percent in the same period.

Source: Xinhua


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