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According to the National Bureau of Statistics on March 10, in February 2021, the national industrial producer price (PPI) increased by 1.
7% year-on-year and 0.
8% month-on-month; industrial producer purchasing prices increased by 2.
4% year-on-year and 1.
2% month-on-month
.
From a month-on-month perspective, PPI increased by 0.
8%, a decrease of 0.
2 percentage points from the previous month
.
Among the purchasing prices of industrial producers, the price of fuel and power rose by 3.
3% month-on-month, the price of ferrous metal materials rose by 2.
2%, the price of chemical raw materials rose by 1.
3%, and the price of non-ferrous metal materials and wires rose by 1.
2%
.
On a year-on-year basis, the PPI increased by 1.
7%, an increase of 1.
4 percentage points from the previous month
.
Among the purchasing prices of industrial producers, the prices of ferrous metal materials rose by 11.
6% year-on-year, the prices of non-ferrous metal materials and wires rose by 10.
3%, the prices of chemical raw materials rose by 0.
3%, and the prices of fuel and power fell by 1.
0%
.
On average from January to February, the ex-factory price of industrial producers rose by 1.
0% over the same period last year, and the purchase price of industrial producers rose by 1.
6%
.
