China's Producer Prices Continue to Decline in June 2025

According to data released by the National Bureau of Statistics (NBS) on July 9, China's Producer Price Index (PPI) for industrial products fell 0.4% month-on-month in June, matching the decline recorded in May. On a year-on-year basis, the PPI dropped by 3.6%, with the rate of decline widening by 0.3 percentage points compared to the previous month. The purchasing prices of industrial producers fell by 0.7% month-on-month and 4.3% year-on-year.

Oil and Natural Gas Extraction: Prices rose by 2.6% month-on-month but declined 12.6% year-on-year.

Petroleum, Coal, and Other Fuel Processing: Prices decreased by 0.6% month-on-month and fell 13.5% year-on-year.

Chemical Raw Materials and Chemical Products Manufacturing: Prices dropped by 0.7% month-on-month and 6.1% year-on-year.

Chemical Fiber Manufacturing: Slight month-on-month increase of 0.1%, but a 7.7% decline year-on-year.

Rubber and Plastics Products: Prices edged down 0.3% month-on-month and declined 2.2% year-on-year.

Fuel and Power Materials: Down 10.4% month-on-month and 2.0% year-on-year.

Chemical Raw Materials: Fell 6.2% month-on-month and 0.7% year-on-year.

Textile Raw Materials: Declined 2.4% month-on-month and 0.1% year-on-year.

Oil and Natural Gas Extraction: Prices fell 9.6% year-on-year.

Petroleum, Coal, and Other Fuel Processing: Down 9.8% year-on-year.

Chemical Raw Materials and Products Manufacturing: Decreased 4.4% year-on-year.

Chemical Fiber Manufacturing: Dropped 5.6% year-on-year.

Rubber and Plastics Products: Down 1.7% year-on-year.