In July, CPI rose 2.7%year -on -year. Experts said that the price of short -term pork fluctuated, but the overall will not rise and fall.

Our reporter Meng Ke on August 10, the National Bureau of Statistics released data showing that in July 2022, consumer prices (CPI) across the country rose 2.7%year -on -year, and the national industrial producer's ex -factory prices (PPI) rose 4.2%year -on -year. Dong Lijuan, a senior statistician of the National Bureau of Statistics, said that in July, due to the rise in food prices such as pork and fresh vegetables and seasonal factors in July, the CPI rose from the previous month, and the year -on -year increase was slightly expanded. Affected by multiple factors such as international and domestic, the price of industrial products overall decline, and the nationwide PPI turned from a flat -month to a flat -month increase, and the year -on -year increase continued to fall. The CPI rising year -on -year increase was slightly expanded. It shows that CPI has changed from flat to 0.5%from last month to 0.5%. Among them, cities rose 0.4%, and rural areas rose 0.5%. CPI rose 2.7%year -on -year, and the increase was 0.2 percentage points from the previous month. Among them, the city rose 2.6%, and rural rural areas rose 3.0%. When analyzing the reasons for the rise of CPIs from the previous month, Dong Lijuan said that food prices decreased from 1.6%last month to 3.0%, affecting the CPI rose 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. "In the context of the early period of corporate pressure fences and the postponement of secondary fattening, the average wholesale price of the pork upward in July was significantly upward, driving the pork CPI for the same comparison of 26.20 percentage points to 20.20%in the same month. The state of the duty interval. "Zheng Houcheng, director of the Institute of British Securities Research Institute, told the Securities Daily reporter. Zhou Maohua, a macro researcher at the Everbright Bank Financial Market Department, told the Securities Daily that the price of short -term pork has fluctuated, but the overall trend will not occur, mainly because domestic pig production capacity has basically returned to normal. Help the cost of stabilizing pig farming. 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. "According to estimates, in the year -on -year increase of 2.7%in July, the tail -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 increase fell 0.2 percentage points than last month. "Dong Lijuan said. PPI continued to fall from the previous month from the previous month, PPI turned from flat to 1.3%from 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. 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. Zhou Maohua said that the year -on -year growth rate of PPIs continued to fall in July. It is mainly reflected in the high decline of commodity prices in July, the effect of the stabilization of the product guarantee and the impact of the base raising last year. Dong Lijuan said that according to estimates, in the year -on -year increase of 4.2%of PPIs in July, the impact of the price change last year was about 3.2 percentage points, and the new price increase was about 1.0 percentage points. After looking at the situation, Zhou Maohua expects that the PPI will continue to decline year -on -year. The reason is that the first is that the global economic recovery slows down. From the perspective of relevant indicators of major economies, global demand has slowed down, especially the pace of manufacturing expansion; second, the effect of domestic supply stability policy continued to release; third, last year, the high base effect last year.

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