National Bureau of Statistics: In April 2026, the Producer Price Index (PPI) increased by 2.8% year-on-year and 1.7% month-on-month

Zhitong Finance APP learned that on May 11, the National Bureau of Statistics data showed that in April 2026, the national industrial producer factory gate prices increased by 2.8% year-on-year and 1.7% month-on-month. The purchase prices of industrial producers rose by 3.5% year-on-year and 2.1% month-on-month. Among the purchase prices of industrial producers, chemical raw material prices increased by 7.3%, fuel and power prices increased by 6.3%, textile raw material prices increased by 1.3%, black metal material prices increased by 0.6%, and agricultural and sideline product prices increased by 0.3%.

The original text is as follows:

April 2026 Industrial Producer Factory Gate Prices Up 2.8% Year-on-Year, Up 1.7% Month-on-Month

In April 2026, the national industrial producer factory gate prices increased by 2.8% year-on-year and 1.7% month-on-month. The purchase prices of industrial producers rose by 3.5% year-on-year and 2.1% month-on-month. From January to April, the average, the factory gate prices of industrial producers increased by 0.2% compared to the same period last year, and the purchase prices of industrial producers increased by 0.5%.

1. Year-on-Year Changes in Industrial Producer Prices

In April, among the industrial producer factory gate prices, the prices of production materials increased by 3.8%, affecting the overall level of industrial producer factory gate prices by about 2.98 percentage points. Among these, extraction industry prices increased by 10.6%, raw material industry prices increased by 7.1%, and processing industry prices increased by 1.5%. The prices of living materials decreased by 1.0%, affecting the overall level of industrial producer factory gate prices by about 0.23 percentage points. Among these, food prices decreased by 1.9%, clothing and general daily necessities prices decreased by 1.1% each, and durable consumer goods prices decreased by 0.3%.

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Contents

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Analysis HG

In the purchase prices of industrial producers, prices of non-ferrous metals and wires increased by 21.3%, chemical raw material prices increased by 5.9%, fuel and power prices increased by 4.4%, textile raw material prices increased by 1.0%; construction materials and non-metallic materials prices decreased by 5.1%, agricultural and sideline product prices decreased by 2.1%, black metal material prices decreased by 0.9%.

2. Month-on-Month Changes in Industrial Producer Prices

In April, among the industrial producer factory gate prices, the prices of production materials increased by 2.1%, affecting the overall level of industrial producer factory gate prices by about 1.68 percentage points. Among these, extraction industry prices increased by 5.7%, raw material industry prices increased by 4.9%, and processing industry prices increased by 0.4%. The prices of living materials decreased by 0.1%, affecting the overall level of industrial producer factory gate prices by about 0.02 percentage points. Among these, food prices decreased by 0.4%, clothing prices decreased by 0.1%, and the prices of general daily necessities and durable consumer goods increased by 0.1% each.

In the purchase prices of industrial producers, chemical raw material prices increased by 7.3%, fuel and power prices increased by 6.3%, textile raw material prices increased by 1.3%, black metal material prices increased by 0.6%, and agricultural and sideline product prices increased by 0.3%; construction materials and non-metallic material prices decreased by 1.0%, and prices of non-ferrous metals and wires decreased by 0.1%.

This article is selected from the official website of the “National Bureau of Statistics,” edited by Zhitong Finance: Jiang Yuanhua.