On November 9, the National Bureau of Statistics released data showing that in October 2025, the national industrial producer's ex-factory price decreased by 2.1% year-on-year. The industrial producer's purchase price decreased by 2.7% year-on-year. Among them, the oil and gas exploration industry decreased by 8.4% year-on-year, and the chemical raw materials and chemical products manufacturing industry decreased by 5% year-on-year.
On average from January to October, the ex-factory prices of industrial producers decreased by 2.7% year-on-year, and the purchasing prices of industrial producers decreased by 3.2%. Among them, the extraction of petroleum and natural gas decreased by 9.7% year-on-year, and the manufacture of chemical raw materials and chemical products decreased by 4.9% year-on-year.
1. The year-on-year change in the industrial producers' prices
In October, the prices of production materials in the factory price of industrial producers fell by 2.4%, affecting the total level of the factory price of industrial producers to fall by about 1.77 percentage points. Among them, the prices of mining industry fell by 7.8%, the prices of raw material industry fell by 2.5%, and the prices of processing industry fell by 1.9%. The prices of living materials fell by 1.4%, affecting the total level of the factory price of industrial producers to fall by about 0.36 percentage points. Among them, food prices fell by 1.6%, clothing prices fell by 0.3%, general daily necessities prices rose by 1.0%, and durable consumer goods prices fell by 3.2%.
Among the purchasing prices of industrial producers, the price of fuel and power decreased by 7.4%, the price of agricultural and sideline products decreased by 5.2%, the price of chemical raw materials decreased by 5.0%, the price of building materials and non-metals decreased by 4.5%, the price of ferrous metal materials decreased by 2.8%, the price of textile raw materials decreased by 1.8%, and the price of non-ferrous metal materials and wires increased by 7.5%.
2. The situation of the month-on-month change in the prices of industrial producers
In October, the prices of production materials in the factory prices of industrial producers increased by 0.1%, affecting the total level of the factory prices of industrial producers to increase by about 0.08 percentage points. Among them, the prices of mining industry increased by 1.0%, the prices of primary industry remained unchanged, and the prices of processing industry increased by 0.1%. The prices of living materials remained unchanged. Among them, the prices of food and clothing decreased by 0.1%, the prices of general daily necessities increased by 0.7%, and the prices of durable consumer goods decreased by 0.3%.
In the purchase price of industrial producers, the price of non-ferrous metal materials and wires increased by 2.4%, and the price of black metal materials increased by 0.2%; the price of agricultural and sideline products decreased by 1.3%, the price of chemical raw materials decreased by 0.6%, and the price of building materials and non-metallic materials, textile raw materials all decreased by 0.2%, and the price of fuel and power decreased by 0.1%.
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