In July 2026, the industrial producer price index rose by 3.5% year-on-year.

In July 2026, the national industrial producer price index rose by 3.5% year-on-year and decreased by 0.7% month-on-month. The industrial producer purchase price index increased by 5.5% year-on-year and decreased by 1.0% month-on-month. From January to July, on average, the industrial producer price index increased by 1.8% compared to the same period last year, while the industrial producer purchase price index rose by 2.8%. In July, the prices of means of production increased by 4.8% year-on-year, contributing approximately 3.72 percentage points to the overall rise in the industrial producer price index. Among these, prices in the extraction industry rose by 16.4%, prices in the raw materials industry increased by 6.1%, and prices in the processing industry went up by 3.1%. Conversely, the prices of living necessities decreased by 0.8%, which led to a decline of about 0.17 percentage points in the overall industrial producer price index. Specifically, food prices dropped by 2.1%, clothing prices fell by 1.1%, general daily necessities prices decreased by 1.0%, and durable consumer goods prices increased by 0.4%.