国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

   

Producer price index hits three-year high

(Xinhua)
Updated: 2008-02-18 14:26

Surging crude prices pushed up China's producer price index (PPI) by 6.1 percent in January over the same month last year, the largest monthly rise in three years, the National Bureau of Statistics (NBS) said on Monday.

The index, which measures the cost of goods when they leave the factory leaped from 2.4 percent in August last year to the latest 6.1 percent in five months, indicating an accelerating price pressure.

Crude prices rose by 29.9 percent over January last year. Prices jumped 22.6 percent in November. No figure was available for December.

The costs of raw materials, fuel and power rose by 8.9 percent in January from a year earlier.

Manufacturers' prices of gasoline, diesel oil and kerosene rose 7.3 percent, 10.0 percent and 10.9 percent respectively.

The PPI for means of production was up 6.5 percent and that of domestic necessities from food to consumer durables went up 4.6 percent in general, said the report.

The price index of food, a major driving force of the CPI, ballooned by 10.4 percent, compared with the growth rate of 2.2 percent for garments and 3 percent for daily commodities. The prices of consumer durables dipped 0.6 percent, said the NBS.

Higher prices at the producer level could lead to rising consumer prices as producers might be pressured to increase prices of consumer products to offset rising costs.

Analysts believe government price control will take effect when material supply strain will be eased after the worst snow disaster in decades.

The PPI went up by 5.4 in December and 4.6 percent in November last year. The increase for 2007 was 3.1 percent, 0.1 percentage points higher than the 2006 figure, said Yao Jingyuan, the chief economist of the NBS.

Many analysts believe the Consumer Price Index (CPI) figure for January, scheduled to be released on Tuesday, could pass 7 percent.

The Bank of China forecast the CPI for January would jump 7.5 percent or higher.


(For more biz stories, please visit Industry Updates)



Related Stories  
姚安县| 宣化县| 榆中县| 乐至县| 尉氏县| 鄂托克旗| 彰化县| 麻栗坡县| 兴山县| 喀什市| 遂平县| 西藏| 五莲县| 大名县| 商河县| 深水埗区| 弋阳县| 特克斯县| 郎溪县| 台山市| 台南县| 昆山市| 洪湖市| 玉溪市| 晋州市| 望奎县| 黄石市| 自治县| 昌吉市| 和顺县| 肇州县| 平和县| 泗水县| 瑞金市| 新安县| 合江县| 得荣县| 凤庆县| 石渠县| 岐山县| 锦屏县|