Beijing, June 14, 2023: Most of the capital goods monitored by China’s statistical authorities registered lower prices in early June compared with late May, official data showed on Wednesday.
National Bureau of Statistics (NBS) said that of the 50 major goods classified in nine categories, including seamless steel tubes, gasoline, coal, fertilizer and some chemicals, 28 reported lower prices in the period.Also, 19 registered price increases, and the prices for three remained unchanged, according to the
During the period, the prices of liquefied natural gas and liquefied petroleum gas fell 5.2 per cent and 6.2 per cent, respectively.
NBS data showed that Hog prices stayed flat, while cotton prices climbed 4.8 per cent in the same period.
The figures, released every ten days, are based on a survey of nearly 2,000 wholesalers and distributors in 31 provincial-level regions across the country.