National Bureau of Statistics: The main factors driving the PPI increase are improved domestic market supply and demand, and the continuous optimization of market competition order.

Golden Ten Data reported on April 16 that Mao Shengyong, Deputy Director of the National Bureau of Statistics, stated at a State Council Information Office press conference that in March, the Producer Price Index (PPI) for industrial products rose by 0.5% year-on-year. This is an important positive signal, ending 41 consecutive months of decline. Regarding the reasons for the rise in PPI, Mao Shengyong pointed out three main factors: First, the further improvement of domestic market supply and demand is the most significant factor. In recent years, the rapid development of artificial intelligence in China has driven related demand expansion and price increases, and the steady progress of green transformation has also led to increased demand and price recovery for some green products. Since prices reflect supply and demand, industrial product prices demonstrate positive changes in supply and demand dynamics. Second, market competition order has been continuously and gradually optimized, with key industries advancing capacity in a solid and orderly manner. Third, international factors have also had some impact. Overall, the further improvement in domestic market supply and demand and the ongoing optimization of market competition order play a leading role.