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Evaluation and Analysis of Hardware Product Production Price Index in May 2021

Evaluation and Analysis of Hardware Product Production Price Index in May 2021

Author: Zhu Hongli, Yongkang Hardware Index Compilation Office


First, hardware product production price index

According to monitoring, in May 2021, the "China · Yongkang Hardware Index" hardware product production price total index closed at 111.62 points, compared with 110.27 points in the previous period, up 1.23 percentage points month-to-month.

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12 categories in this hardware products in the producer price index, hardware tools and accessories, kitchen hardware, building decoration hardware, electrical and mechanical hardware, security products, vehicles and accessories, machinery and equipment, general parts, hardware tools, electrical appliances, sports leisure hardware, electronic electrician rise in producer price index rose for 11 categories, one of the biggest gains is building decoration hardware, It rose 4.08 percentage points; Doors and accessories a industry decline, its decline of 0.54 percentage points.

Second, the industry analysis of hardware product production price index


(1) building decoration hardware, the production price index continued to rise

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The production price index of building decoration hardware in this period closed at 118.28 points, up 4.08 percentage points month-on-month, ranking the first among the 12 categories. In the second level of the category, the commodity price of "metal building materials" rose the most. The price index of "metal building materials" in this period closed at 151.36 points, up 13.74 percentage points month-on-month.


(2) The production price index of cars and accessories rose slightly

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The production price index of automobiles and accessories in this period closed at 106.19 points, 2.62 percentage points higher than that of the previous period, the increase ranking the second among the 12 categories. The impact of the commodity price index of "Scooter and Parts" in the second level of the category, the price index of "Scooter and Parts" in this period closed at 129.50 points, up 16.34 percentage points from the previous period.


3. The producer price index for machinery and equipment continued to increase

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The production price index of machinery and equipment in this period closed at 111.11 points, up by 1.95 percentage points month-on-month, ranking the third in the 12 categories. Influenced by the commodity price index of "food processing machinery" in the second level of this category, the price index of "food processing machinery" in this period closed at 145.99 points, up by 4.94 percentage points month-on-month.

(4) electronic electrician, the production price index fluctuates upward

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The producer price index of electronic electrics in this period closed at 120.33 points, up 1.72 percentage points month-on-month, the increase ranked the fourth in the 12 categories. The impact of the commodity price index of "switch" in the second level of the category, the price index of "switch" in this period closed at 135.93 points, up 4.56 percentage points month-on-month.


(5) Sports and leisure hardware, the production price index rose from month to month

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The production price index of sports and leisure hardware in this period closed at 114.01 points, up 1.59 percentage points month-on-month, the increase ranks the fifth in the 12 categories, the impact of the commodity price index of "health care equipment" in the second level of the category, the price index of "health care equipment" in this period closed at 121.48 points, up 2.56 percentage points month-on-month.

(6) door and accessories, the production price index has been adjusted

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The production price index of doors and accessories closed at 110.68 points in this period, down 0.54 percentage points from the previous period, which was the only decline in the industry. Mainly affected by the price reduction of "door products (whole)" in the second level of this category, the price index of "door products (whole)" in this period closed at 119.35 points, down 1.14 percentage points from the previous period.


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