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Means of production prices rise in China

Updated: Aug 4, 2021 Xinhua Print
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A worker checks the operation of a carbon fiber production line at a factory in Lianyungang, Jiangsu province. [Photo by Geng Yuhe/For China Daily]

BEIJING - Most of capital goods monitored by the government registered higher prices in late July compared with mid-July, official data showed Wednesday.

Of the 50 major goods monitored by the government, including seamless steel tubes, gasoline, coal, fertilizer and some chemicals, 31 reported rising prices during the period, 18 registered lower prices, while one saw its price remain unchanged, according to the National Bureau of Statistics.

Hog prices edged down 0.6 percent in late July compared with that in mid-July.

The readings, released every 10 days, are based on a survey of nearly 2,000 wholesalers and distributors in 31 provincial-level regions.

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