Last year the price of home electricity fell and the price of furniture rose

China Paint Network
News:
Shunde PPI decreased by 0.9% YoY, the report recommended that more than 5% of the funds of home appliance enterprises for scientific research yesterday, the National Bureau of Statistics Shunde Survey Team announced last year Shunde Industrial Producers Factory Price Index (PPI), as of last year, Shunde PPI has been running in the negative growth range for 35 consecutive months, down 0.9% Year-on-Year. The report pointed out that due to the lack of effective demand in the market, Shunde home appliance enterprises inventory pressure, home appliance factory prices fell by 1 percentage point, it is recommended that enterprises should spend more than 5% of the funds for research and development, improve the core value of products.
continued to decline after July
the survey team reported that Shunde PPI was operating in a negative growth band throughout last year, especially in the second half of the year, the decline deepened month by month, a cumulative decline of 0.9% year-on-year. PPI also showed negative growth for 35 consecutive months. On a monthly year-on-year scale, the lowest year-on-year decline occurred in May, when the statistical decline was 0.28 per cent, while the sharpest decline was in October, when it reached 1.32 per cent.
from the monthly year-on-year trend chart to see that the full year PPI is M-shaped in the negative growth range shock operation. Although prices briefly rebounded in July, they fell more than 1 per cent in the next four months as support was weak and then began to fall.
City transfer team analysis, the impact of price changes mainly by the international environmental impact, including iron ore, precious metals and other means of production prices continue to fall, the rapid decline in international crude oil prices, enterprises in the production and circulation of the cost pressure is small, inhibited the price of end products.
the nine major industries "three liters six down
last year, Shunde's nine pillars and characteristic industries showed a "three liters six down" situation. Among them, the factory price of home appliances fell by 1 percentage point year-on-year. Report analysis, home appliance manufacturing industry occupies half of the Shunde economy, but last year by macroeconomic growth trends, stimulus consumer policy withdrawal and other factors, business orders fell sharply, the market effective demand is insufficient, enterprise inventory pressure increased, product prices are depressed.
, Shunde furniture and textiles rose 0.9 percent and 0.8 percent, respectively. Report analysis, Shunde furniture industry merchants, through the expansion of marketing channels, forming a price advantage, more profit margins to consumers, furniture product prices all the way up.
the textile industry by adjusting the structure, reduce costs, take the road of small profits and more sales, so as to win the market.
the report suggested that Shunde should adjust its industrial structure in the face of the obvious shortage of international market demand. It is recommended to convene 26 listed companies and key enterprises in the region to conduct research and actively build research institutes to develop core products. Home appliance enterprises should spend more than 5% of their sales revenue on scientific research and development to improve the core value of their products.
does the "Knowdo D" PPI reflect the state of the economy?
PPI, the factory price index for industrial producers, often represents economic booms and busts and is a leading indicator of economic signals, and the decline in PPI reflects slower economic growth and shrinking corporate profit margins. The report points out that the continued low PPI operation will affect the profitability of enterprises, weaken the incentive of enterprise investment demand, and further aggravate the economic decline. The economic benefits of enterprises decline and profitability weaken, which in turn restricts the growth of workers' income, restrains the consumption demand of residents, and weakens the pull effect of consumption on the economy.