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Means of manufacture costs increase in China - MENAFN.COM

(MENAFN) Official data illustrated that Most of the capital goods checked by the government positioned superior prices in late August contrasted with the preceding 10 days.

The National Bureau of Statistics stated that of the 50 main merchandise supervised by the government, counting seamless steel tubes, gasoline, coal, fertilizer and some chemicals, 28 saw their prices increase from August 21 to 31, whereas 14 posted lower prices, and the prices of eight were unaffected.

The cost of live pigs went up and about 0.3 percent, whereas that of liquefied petroleum gas dropped 2.3 percent throughout the period.

The understanding, released each 10 days, is based on a review of almost 2,000 wholesalers and distributors in 31 provincial-level regions.

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