National Bureau of statistics released industrial producer price index (PPI) data show that PPI rose by 0.2% to the previous month, an increase of 5.5% compared to the same period of last year. Among them, the chemical raw materials and chemicals prices fell by 0.1%, an increase of 7.6%.

 In July, 2017, the prices of producer materials rose by 7.3% over the same period of the previous year, which affected the overall price of producer prices by about 5.4 percentage points. Among them, the mining industry prices rose 15.8%, raw materials, industrial prices rose 9.3%, the processing industry prices rose 5.8%. Living material prices rose 0.5% year-on-year, affecting industrial producer prices rose by about 0.1 percentage points.

Producer prices in industrial production, the price of means of production rose by 0.2%, affecting the overall price of producer prices rose by about 0.2 percentage points. Among them, the mining industry prices fell by 1.1%, raw materials, industrial prices fell by 0.2%, the processing industry prices rose 0.5%. Living data prices were flat. Among them, food prices rose 0.1%, clothing and durable consumer goods prices were flat, general commodity prices fell by 0.1%.