Recently, the National Bureau of Statistics released the data on the factory-gate prices of industrial producers for March 2025. In March 2025, the factory-gate prices of industrial producers across the country decreased by 2.5% year-on-year and 0.4% month-on-month. The purchase prices of industrial producers decreased by 2.4% year-on-year and 0.2% month-on-month.
In the first quarter, both the ex-factory prices and purchase prices of industrial producers decreased by 2.3% compared with the same period of the previous year.
I. Year-on-year Changes in Industrial producer prices
In March, among the factory-gate prices of industrial producers, the prices of means of production dropped by 2.8%, affecting the overall level of factory-gate prices of industrial producers to decline by approximately 2.09 percentage points. The prices of consumer goods dropped by 1.5%, affecting the overall level of factory-gate prices for industrial producers to decline by approximately 0.38 percentage points.
Among the purchase prices of industrial producers, the prices of ferrous metal materials decreased by 7.8%, those of fuel and power decreased by 6.8%, those of chemical raw materials decreased by 3.4%, those of agricultural and sideline products decreased by 3.0%, those of building materials and non-metallic materials decreased by 2.1%, and those of textile raw materials decreased by 2.0%. The prices of non-ferrous metal materials and wires rose by 10.8%.
Ii. Month-on-month changes in industrial producer prices
In March, among the factory-gate prices of industrial producers, the prices of means of production dropped by 0.4%, affecting the overall level of factory-gate prices of industrial producers to decline by approximately 0.30 percentage points. The prices of consumer goods dropped by 0.4%, affecting the overall level of factory-gate prices for industrial producers to decline by approximately 0.11 percentage points.
Among the purchase prices of industrial producers, the prices of fuel and power decreased by 1.2%, the prices of ferrous metal materials dropped by 0.6%, the prices of building materials and non-metallic materials decreased by 0.4%, and the prices of agricultural and sideline products and textile raw materials both decreased by 0.1%. The prices of non-ferrous metal materials, wires and chemical raw materials all rose by 0.5%.
It is worth noting that in March 2025, the factory-gate prices of industrial producers in the printing and reproduction of documentary media industry decreased by 1.6% year-on-year. From January to March 2025, the factory-gate prices of industrial producers in the printing and reproduction of documentary media industry also dropped by 1.6% year-on-year.
In March 2025, the factory-gate prices of industrial producers in the paper and paper products industry decreased by 3.4% year-on-year. From January to March 2025, the factory-gate prices of industrial producers in the paper and paper products industry decreased by 2.8% year-on-year.
