Chinese Online Class - PPI of manufactured goods up 2.4% in July

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BIZCHINA / News

PPI of manufactured goods up 2.4% in July

(Xinhua)
Updated: 2007-08-10 16:53

China's producer's price index (PPI) for manufactured goods rose by 2.4
percent in July over the same period of last year, the National Bureau of
Statistics said here Friday.

Meanwhile, the purchase price index of raw materials, fuel, power
increased by 3.6 percent year on year, according to the bureau's latest
monthly report.

Of all the manufactured goods, the PPI of capital goods went up by 2.2
percent.

Related readings:
?Manufacturing activities slowed in June
?PPI slows on falling oil prices
?China May PPI up 2.8 percent

The PPI of mining sector went down by 0.1 percent and that of raw
materials sector went up 4.3 percent while that of processing sector went
up by 1.4 percent.

The PPI of consumer goods jumped by 3.1 percent with the price index of
food surging by 7.8 percent on last year and the price index of daily
necessities rising by 1.8 percent on last year.

The PPI of durable consumer goods dropped 1.1 percent on last year and
the PPI of crude oil and gasoline both went down by 5.1 percent on last
year.

(For more biz stories, please visit Industry Updates)

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