In September, domestic industrial production and demand recovered steadily, and prices of industrial products continued to rise. From a month-on-month perspective, the PPI rose by 0.1%, a decrease of 0.2 percentage points from the previous month. Among them, the price of means of production rose by 0.2%, and the rate of increase fell by 0.2 percentage points; the price of means of subsistence changed from rising to falling, falling by 0.1%. Looking at the 40 industrial sectors surveyed, 15 saw price increases, a decrease of 2 from the previous month; 19 declines, an increase of 1; and 6 industries that remained unchanged, an increase of 1. Affected by changes in international crude oil prices, prices in petroleum-related industries have turned from rising to falling. Among them, the prices of petroleum and natural gas extraction industries fell by 2.3%, and the prices of petroleum, coal and other fuel processing industries fell by 0.5%. Among other major industries, the price growth of ferrous metal smelting and rolling processing industry, which rose by 1.3%, fell by 0.2%; the non-ferrous metal smelting and rolling processing industry, which rose by 0.7%, fell by 2.3%; the agricultural and sideline food processing industry, Increased by 0.2%, down 0.4%. In addition, the prices of non-metallic mineral products, coal mining and washing industries all turned from falling to rising, rising by 0.4% and 0.3% respectively; the prices of computer, communications and other electronic equipment manufacturing industries fell by 0.7%, an increase of 0.3% from last month. percentage point.

From a year-on-year perspective, PPI fell by 2.1%, an increase of 0.1 percentage point from the previous month. Among them, the price of means of production fell by 2.8%, and the rate of decline narrowed by 0.2%; the price of means of subsistence changed from an increase to a decline, down 0.1%. Among the major industries, the agricultural and sideline food processing industry saw a decline in price growth, which rose by 3.9%, a drop of 1.6%; the non-ferrous metal smelting and rolling processing industry, which rose by 2.9%, fell by 0.5%. In the coal mining and washing industry, the price decline was reduced by 7.5%, which was a decrease of 0.5%; the non-metallic mineral products industry, which was down by 2.3%, was a decrease of 0.2%. The oil and natural gas mining industry, which decreased by 26.2%, increased by 1.0 percentage point; the oil, coal and other fuel processing industries, decreased by 16.9%, and increased by 0.2 percentage point. In addition, the price of ferrous metal smelting and rolling processing industry turned to flat from a decline last month.

According to estimates, in the 2.1% year-on-year decline in September, the carryover effect of last year's price changes was 0, and the impact of the new price increase was about -2.1 percentage points.