China's producer price index rose by 0.1 percent year-on-year in January 2020, after a 0.5 percent fall in the previous month and in line with market estimates. This was the highest producer inflation since May 2019, snapping 6 months of annual declines. Prices of consumer goods rose 1.3%, the same as in December, mainly due to food production (5.1% vs 5%), while prices of daily use goods were flat (vs 0.1%) and cost of clothing continued to fall (-0.3% vs -0.1%). At the same time, cost of means of production fell much less (-0.4% vs -1.2%), mainly due to raw materials (-0.8% vs -2.6%), processing (-0.6% vs -0.9%), and extraction prices rose more (4.7% vs 2.6%). Also, prices of consumer durable goods dropped 2.3%, following a 2.4% fall in December. On a monthly basis, producer prices were flat in January, the same as in December.

Producer Prices Change in China averaged 1.24 percent from 1995 until 2020, reaching an all time high of 13.47 percent in July of 1995 and a record low of -8.20 percent in July of 2009. This page provides the latest reported value for - China Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: National Bureau of Statistics of China

Producer Prices Change in China is expected to be 1.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in China to stand at 1.90 in 12 months time. In the long-term, the China Producer Prices Change is projected to trend around 1.30 percent in 2021, according to our econometric models.


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China Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
0.10 -0.50 13.47 -8.20 1995 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2019-11-09 01:30 AM Oct -1.6% -1.2% -1.5% -1.4%
2019-12-10 01:30 AM Nov -1.4% -1.6% -1.5% -1.8%
2020-01-09 01:30 AM Dec -0.5% -1.4% -0.4% -1.2%
2020-02-10 01:30 AM Jan 0.1% -0.5% 0.1% 0.2%
2020-03-10 01:30 AM Feb 0.1% -1.0%
2020-04-10 01:30 AM Mar 1.3%
2020-05-12 01:30 AM Apr
2020-06-10 01:30 AM May


News Stream
China Producer Prices Rise for 1st Time in 8 Months
China's producer price index increased 0.1 percent year-on-year in January 2020, after a 0.5 percent fall in the previous month and in line with market estimates. This was the highest producer inflation since May 2019, snapping 6 months of annual declines. Prices of consumer goods rose 1.3%, the same as in December, mainly due to food production (5.1% vs 5%), while prices of daily use goods were flat (vs 0.1%) and cost of clothing continued to fall (-0.3% vs -0.1%). At the same time, cost of means of production fell much less (-0.4% vs -1.2%), mainly due to raw materials (-0.8% vs -2.6%), processing (-0.6% vs -0.9%), and extraction prices rose more (4.7% vs 2.6%). Also, prices of consumer durable goods dropped 2.3%, following a 2.4% fall in December. On a monthly basis, producer prices were flat in January, the same as in December.
2020-02-10
China Producer Prices Fall at Softer Pace
China's producer price index declined by 0.5 percent year-on-year in December, following a 1.4 percent drop in the previous month and compared with market consensus of a 0.4 percent fall. Cost of means of production decreased less (-1.2 percent vs -2.5 percent in November), mainly due to raw materials (-2.6 percent vs -5 percent), processing (-0.9 percent vs -1.6 percent) and a rebound in extraction prices (2.6 percent vs -1.4 percent). Meanwhile, prices continued to rise for consumer goods (1.3 percent vs 1.6 percent), of which food production (5 percent vs 5.4 percent) and daily use goods (0.1 percent vs 0.1 percent). On the other hand, cost of clothing edged down (-0.1 percent vs 0.3 percent) and prices fell faster for durable goods (-2.4 percent vs -2.1 percent). On a monthly basis, producer prices were flat. For the whole 2019, factory prices fell 0.3 percent, following a 3.5 percent gain in 2018.
2020-01-09
China Producer Prices Fall Less than Forecast
China's producer price index declined by 1.4 percent year-on-year in November, following a 1.6 percent decrease in the previous month and compared to market expectations of a 1.5 percent drop. Cost of means of production continued to decline (-2.5 percent vs -2.6 percent), due to raw materials (-5 percent vs -5.6 percent), processing (-1.6 percent vs -1.5 percent), and extraction (-1.4 percent vs -1.9 percent). Meanwhile, prices went up further for consumer goods (1.6 percent vs 1.4 percent), of which food production (5.4 percent vs 4.4 percent), daily use goods (0.1 percent vs 0.4 percent) and clothing (0.3 percent vs 0.6 percent), but fell faster for durable goods (-2.1 percent vs -1.8 percent). On a monthly basis, producer prices declined by 0.1 percent in November. Considering the first eleven month of the year, producer prices fell 0.3 percent compared with the same period of 2018.
2019-12-10
China Producer Prices Fall the Most in Over 3 Years
China's producer price index declined by 1.6 percent year-on-year in October 2019, following a 1.2 percent decrease in the previous month and compared to market expectations of a 1.5 percent drop. It was the sharpest fall in producer prices since July 2016, as cost of means of production dropped faster (-2.6 percent vs -2 percent in September), led by raw materials (-5.6 percent vs -4.8 percent), processing (-1.5 percent vs -1.2 percent), and extraction (-1.9 percent vs 0.6 percent). Meanwhile, prices went up further for consumer goods (1.4 percent vs 1.1 percent), of which food production (4.4 percent vs 3.3 percent), daily use goods (0.4 percent vs 0.8 percent), clothing (0.6 percent vs 0.9 percent) and durable goods (-1.8 percent vs -1.8 percent). On a monthly basis, producer prices rose by 0.1 percent in October. Considering the first ten month of the year, producer prices fell 0.2 percent compared with the same period of 2018.
2019-11-09

China Producer Prices Change
In China, producer prices change measures the average annual change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.