myneighboralicehowtoplay| National industrial ex-factory prices fell by 2.5% year-on-year: the decline in ferrous metal production narrowed, and the price of non-ferrous metal materials rose by 3.3% year-on-year

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In April 2024, ex-factory prices of Chinese industrial producers fell by 2.5 percent year-on-yearmyneighboralicehowtoplay..5%, purchase prices fell by 3.0%, ferrous metals prices fell by 5.5%, and non-ferrous metals and wires prices rose by 3.3%.

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[National industrial producer prices fell year-on-year in April 2024]

In April 2024, the ex-factory price of industrial producers nationwide fell by 2.5% year-on-year, while the purchase price also fell by 3.0%. At the same time, compared with the previous month, the factory price and purchase pricemyneighboralicehowtoplayThe decline narrowed by 0.3 percentage points and 0.5 percentage points respectively. During the period from January to April 2024, the average ex-factory price dropped by 2.7% compared with the same period last year, while the purchase price dropped by 3.3%. It is worth noting that among the purchase prices, the price of ferrous metal materials fell by 5.5% year-on-year and 1.8% month-on-month, while the price of non-ferrous metal materials and wires increased by 3.3% year-on-year and 2.8% month-on-month.