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Among them, energy prices decreased by 12
The main reasons for the month on month decline in PPI are: One is the impact of international input factors on the price decline of domestic related industries. The decline in international crude oil prices has affected the prices of domestic petroleum related industries, with prices in the oil and gas extraction industry falling by 5.6%, refined petroleum product manufacturing prices falling by 3.5%, and chemical raw material and chemical product manufacturing prices falling by 1.2%. The total impact of these three industries on PPI decreased by about 0.23 percentage points month on month, accounting for more than 50% of the total decline. The second is the periodic decline in […]
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