--- title: "Economic Bureau of National Statistics: January PPI rose 0.4% month-on-month, with an expanded increase and a four-month consecutive rise" type: "News" locale: "en" url: "https://longbridge.com/en/news/275539305.md" description: "Data released by the National Bureau of Statistics shows that in January 2026, the Producer Price Index (PPI) rose by 0.4% month-on-month, marking the fourth consecutive month of increase, with the growth rate expanding by 0.2 percentage points compared to December last year. The main reasons include the promotion of price increases in certain industries due to the construction of a unified national market, with prices for cement and lithium-ion battery manufacturing both rising by 0.1%. In addition, the development of digital technology has driven a 0.5% increase in the prices of computer and communication equipment. The upward trend in international non-ferrous metal prices has affected domestic related industry prices, with silver smelting prices rising by 38.2%" datetime: "2026-02-11T02:00:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/275539305.md) - [en](https://longbridge.com/en/news/275539305.md) - [zh-HK](https://longbridge.com/zh-HK/news/275539305.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/275539305.md) | [繁體中文](https://longbridge.com/zh-HK/news/275539305.md) # Economic Bureau of National Statistics: January PPI rose 0.4% month-on-month, with an expanded increase and a four-month consecutive rise Dong Lijuan, the chief statistician of the Urban Division of the National Bureau of Statistics, interpreted the CPI and PPI data for January 2026, stating that the PPI rose by 0.4% month-on-month in January 2026, marking a continuous increase for four months, with the growth rate expanding by 0.2 percentage points compared to December of last year. The main characteristics of the PPI operation in January include: first, the continuous advancement of the construction of a unified national market has driven price increases in certain industries. The continuous advancement of the construction of a unified national market has driven price increases in certain industries. In January 2026, the prices of cement manufacturing and lithium-ion battery manufacturing rose by 0.1% month-on-month, both increasing for four consecutive months; the prices of photovoltaic equipment and components manufacturing rose from a decrease of 0.2% in the previous month to an increase of 1.9%, and the prices of basic chemical raw materials manufacturing rose from a decrease of 0.1% to an increase of 0.7%. The prices in the black metal smelting and rolling processing industry rose from a decrease of 0.1% to an increase of 0.2%. Dong Lijuan also pointed out that the increase in demand last month drove price increases in related industries. The rapid development of digital technologies such as artificial intelligence (AI) and the growing demand for computing power drove the prices in the computer communication and other electronic equipment manufacturing industries to rise by 0.5% month-on-month, with prices of electronic semiconductor materials and external storage devices and components increasing by 5.9% and 4%, respectively. In addition, the month’s input factors affected the price trends of domestic non-ferrous metals and oil-related industries. During this period, the rise in international non-ferrous metal prices drove the prices of domestic non-ferrous metal mining, smelting, and rolling processing industries to increase by 5.7% and 5.2% month-on-month, respectively, with silver smelting, copper smelting, gold smelting, and aluminum smelting prices increasing by 38.2%, 8.4%, 4.8%, and 2.3%, respectively. 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