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Macroeconomic indicators - China PPI in Jan up by 7pct YoY
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Wednesday, 16 Feb 2011
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1. The ex-factory price of means of production rose one percent in January from the previous month of which the mining sector recorded a price increase of 2.3% while the raw materials sector posted a price increase of 1.3%.

2. On an annual basis, the ex-factory price of means of production rose 7.5% in January with the mining sector recording a 13.7%YoY increase in the ex-factory price while the ex-factory price of the raw materials sector rose 10%YoY.

3. The ex-factory price of food rose one percent MoM and 6.6%YoY in January while that of apparel increased 0.5%MoM and 3.8%YoY.

4. The ex-factory price of crude oil rose 5.4%MoM in January while the prices of gasoline, diesel and kerosene were up 3.2%MoM, 3.3%MoM and 4%MoM respectively.

5. The coal mining and washing industry recorded a 1.6%MoM increase in its ex-factory price in January.

6. The purchase prices paid by industrial producers rose 9.7%YoY and 1.2%MoM in January.

7. The purchase prices paid for nonferrous metals rose 2.4%MoM in January while prices for fuel increased 1.8%.

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