China-PPI/April
China-PPI/April
Dateline : May 11, 2026/Recent/File
Location : China
Duration : 1'56
Shaoxing City, Zhejiang Province, east China - April 2026 (CCTV - No access Chinese mainland)
1. Aerial shot of mega factory for Lijian-2 carrier rocket
2. Various of factory interior
FILE: Guangzhou City, Guangdong Province, south China - Date Unknown (CCTV - No access Chinese mainland)
3. Various of workers on automobile assembly lines of Guangzhou Automobile Group (GAC Group)
Wuhan City, Hubei Province, central China - April 2026 (CCTV - No access Chinese mainland)
4. Various of assembly lines of Geely's Lotus vehicles, workers, robotic arms in operation
Chongqing Municipality, southwest China - April 2026 (CCTV - No access Chinese mainland)
5. Aerial shot of motorcycles factory
6. Various of interior of factory, workers, facilities
7. Various of workers assembling motorcycles
Yiwu City, Zhejiang Province, east China - April 2026 (CGTN - No access Chinese mainland)
8. Various of workers working in sportswear factory
Guangdong Province, south China - April 2026 (CCTV - No access Chinese mainland)
9. Various of factory interior, worker operating on machine
Guangzhou City, Guangdong Province, south China - April 2026 (CCTV - No access Chinese mainland)
10. Various of automatic production line in operation
FILE: China - Exact Location and Date Unknown (CCTV - No access Chinese mainland)
11. Various of shipbuilding yard
China's producer price index (PPI), which measures costs for goods at the factory gate, went up 2.8 percent year on year in April, the National Bureau of Statistics said Monday.
On a month-on-month basis, the PPI rose 1.7 percent in April, up from 1 percent in March.
NBS statistician Dong Lijuan attributed the rise in the PPI to three main factors: rising prices in domestic petroleum-related sectors driven by international price movements, increased demand in certain domestic industries, and the continued improvement in market competition order, which led to price increases or smaller declines in relevant sectors.
In the year-on-year breakdown, production materials prices rose 3.8 percent, contributing about 2.98 percentage points to the overall PPI increase. Among them, the mining industry surged 10.6 percent, raw materials rose 7.1 percent, and processing industries were up 1.5 percent.
Consumer goods prices fell 1.0 percent, trimming the overall PPI by 0.23 percentage points. To be specific, food prices declined 1.9 percent, clothing and daily-use goods each fell 1.1 percent, and durable consumer goods dropped 0.3 percent.
In the industrial producer purchase prices, nonferrous metal materials and wires jumped 21.3 percent, chemical raw materials rose 5.9 percent, fuel and power increased 4.4 percent, and textile raw materials were up 1.0 percent. By contrast, building materials and non-metallic products fell 5.1 percent, agricultural and sideline products dropped 2.1 percent, and ferrous metal materials declined 0.9 percent.
On a monthly basis, production materials prices increased 2.1 percent in April, contributing 1.68 percentage points to the overall PPI rise. Mining rose 5.7 percent, raw materials advanced 4.9 percent, and processing industries were up 0.4 percent.
Consumer goods prices edged down 0.1 percent. Food fell 0.4 percent and clothing dipped 0.1 percent, while daily-use goods and durable consumer goods each rose 0.1 percent.
With regard to purchasing prices of industrial producers, chemical raw materials jumped 7.3 percent, fuel and power rose 6.3 percent, textile raw materials increased 1.3 percent, ferrous metals gained 0.6 percent, and agricultural products added 0.3 percent. Building materials and non-metallic products fell 1.0 percent, while nonferrous metals and wires edged down 0.1 percent.
In the first four months of 2026, the PPI rose 0.2 percent from the same period last year, and the purchasing prices of industrial producers increased 0.5 percent.
ID : 8478768
Published : 2026-05-11 10:54
Last Modified : 2026-05-11 17:42:28
Source : China Central Television (CCTV)
Restrictions : No access Chinese mainland
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