According to data from the National Bureau of Statistics, in September 2025, the ex factory prices of industrial producers in China decreased by 2.3% year-on-year, narrowing the decline by 0.6 percentage points compared to the previous month and remaining unchanged compared to the previous month. The purchase price of industrial producers decreased by 3.1% year-on-year, narrowing the decline by 0.9 percentage points compared to the previous month, and increasing by 0.1% month on month. On average from January to September, the ex factory prices of industrial producers decreased by 2.8% compared to the same period last year, and the purchase prices of industrial producers decreased by 3.2%.

In September, the prices of production materials decreased by 2.4% in the ex factory prices of industrial producers, affecting the overall level of ex factory prices of industrial producers by about 1.81 percentage points. Among them, the prices of the mining industry decreased by 9.0%, the prices of the raw material industry decreased by 2.9%, and the prices of the processing industry decreased by 1.7%. The price of daily necessities decreased by 1.7%, affecting the overall level of factory prices for industrial producers by about 0.45 percentage points. Among them, food prices decreased by 1.7%, clothing prices decreased by 0.3%, general daily necessities prices increased by 0.7%, and durable consumer goods prices decreased by 3.9%. In the purchase prices of industrial producers, the prices of fuel and power materials decreased by 8.1%, chemical raw materials prices decreased by 5.5%, agricultural and sideline products prices decreased by 5.4%, building materials and non-metallic materials prices decreased by 4.5%, black metal materials prices decreased by 2.9%, and textile raw materials prices decreased by 1.7%; The prices of non-ferrous metal materials and wires have increased by 6.6%.

In September, the prices of production materials remained unchanged in the ex factory prices of industrial producers. Among them, the prices of the mining industry increased by 1.2%, the prices of the raw material industry remained unchanged, and the prices of the processing industry decreased by 0.1%. The price of daily necessities decreased by 0.2%, affecting the overall level of factory prices for industrial producers by about 0.04 percentage points. Among them, food prices decreased by 0.1%, clothing prices remained unchanged, general daily necessities prices increased by 0.2%, and durable consumer goods prices decreased by 0.4%. In the purchase prices of industrial producers, the prices of non-ferrous metal materials and wires increased by 1.2%, the prices of fuel and power materials increased by 0.5%, and the prices of ferrous metal materials increased by 0.4%; The prices of building materials and non-metallic materials decreased by 0.6%, the prices of chemical raw materials decreased by 0.4%, the prices of agricultural and sideline products decreased by 0.2%, and the prices of textile raw materials decreased by 0.1%.