National Bureau of Statistics: In July, the year -on -year increase in CPIs expanded a slightly increased PPI increase continued to fall

China Economic Net, Beijing, August 10th. Today, the National Bureau of Statistics released data from the National CPI (residential consumer price index) and PPI (industrial producer factory price index) data in July 2022. In this regard, Dong Lijuan, senior statistician of the National Bureau of Statistics, interpreted.

1. The CPI rose from the previous month, and the year -on -year increase expanded slightly

In July, affected by the rise in food prices such as pork and fresh vegetables and seasonal factors, the CPI rose from the previous month and increased from a flat increase.

From a month -on -month perspective, CPI changed from flat to 0.5%last month. Among them, food prices decreased from 1.6%last month to 3.0%, affecting CPI by about 0.53 percentage points. In food, it is affected by factors such as gradually appearing in the early period of pig production capacity, the gradual appearance of the breeding households, and the recovery of consumer demand. The price of pork rose by 25.6%; affected by the continuous high temperature weather in many places, the price of fresh vegetables decreased by 9.2%last month by 9.2%. Turn to an increase of 10.3%, the increase is higher than the seasonality; the fresh fruit is listed in large quantities, and the price drops 3.8%. Non -food prices rose from 0.4%last month to decreased by 0.1%, affecting the decrease of CPI by about 0.07 percentage points. In non -food, due to the downward proceeds of international oil prices, domestic gasoline and diesel prices decreased by 3.4%and 3.6%, respectively; due to the increase in summer travel, air tickets, hotel accommodation, transportation fee and tourism prices rose 6.1%, 5.0%, respectively, respectively, and 5.0%, respectively, and 5.0%, respectively. 4.3%and 3.5%.

From a year -on -year perspective, CPI rose 2.7%, an increase of 0.2 percentage points from the previous month. Among them, food prices rose 6.3%, an increase of 3.4 percentage points from the previous month, affecting CPI by about 1.12 percentage points. In food, the price of pork decreased from 6.0%last month to 20.2%; the prices of fresh fruits and fresh vegetables rose 16.9%and 12.9%, respectively; the prices of grain, poultry meat, eggs and edible vegetable oil rose between 3.4%-7.4%. Non -food prices rose 1.9%, an increase of 0.6 percentage points from last month, affecting the CPI rose by about 1.56 percentage points. Among them, the prices of gasoline, diesel, and liquefied petroleum gas rose 24.6%, 26.7%, and 22.4%, respectively, and the increases fell.

According to estimates, in the year -on -year increase of 2.7%in July, the tail impact of the price change last year was about 0.9 percentage points, and the new price increase was about 1.8 percentage points. The core CPI of food and energy prices rose 0.8%year -on -year, and the increase fell 0.2 percentage points from the previous month.

2. PPI decreased month -on -month, and the year -on -year increase continued to fall

In July, affected by many factors such as international and domestic, the price of industrial products declined as a whole. The nationwide PPI declined from a flat month -on -month, and the year -on -year increase continued to fall.

From a month -on -month perspective, PPI changed from flat to 1.3%last month. Among them, the price of production materials decreased by 1.7%, an increase of 1.6 percentage points; the price of living data rose by 0.2%, and the increase of 0.1 percentage points fell by 0.1. The decline in international commodities such as crude oil and non -ferrous metals has driven the price of relevant domestic industries. Among them %; Non -ferrous metal smelting and pressure -delay industrial prices decreased by 6.0%. In addition, the price of black metal smelting and pressure -delayed industrial prices decreased by 6.2%, the price of non -metal mineral products fell by 1.9%, and the price of power thermal production and supply industry decreased by 1.1%, and the decline was expanded. The price of coal mining and washing industry rose 0.8%last month to 2.1%.

From a year -on -year perspective, PPI rose 4.2%, an increase of 1.9 percentage points from the previous month. Among them, the price of production materials rose by 5.0%, and the increase fell 2.5 percentage points; the price of living materials rose 1.7%, and the increase was the same as last month. Among the 40 industrial industries surveyed, 35 were rising prices, which were 2 decreased than last month. In the main industries, the price increases fell: the coal mining and washing industry rose by 20.7%, falling 10.7 percentage points; the oil and gas mining industry rose 43.9%, falling 10.5 percentage points; 6.3 percentage points were fallen; oil and coal and other fuel processing industries rose 28.6%, falling at 6.1 percentage points; chemical raw materials and chemical products manufacturing rose 10.6%, falling 3.2 percentage points. The price of black metal smelting and pressure -delay industrial prices decreased by 9.5%, an increase of 5.8 percentage points. The price of agricultural and sideline food processing industry rose 6.8%, an increase of 1.2 percentage points.

According to estimates, in the year -on -year increase of PPIs of 4.2%in July, the impact of the tail tail of the price change last year was about 3.2 percentage points, and the new price increase was about 1.0 percentage points.

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