The year -on -year increase of CPIs has increased slightly on the year -on -year growth rate of PPI for 9 consecutive months.

Cover news reporter Teng Yan

Affected by the rise in food prices such as pork and fresh vegetables and seasonal factors, the National CPI (residential consumer price index) in July increased to 2.7%year -on -year.

Consumption prices of residents in the country (picture source: National Bureau of Statistics)

According to data released by the National Bureau of Statistics on August 10, the CPI rose 2.7%year -on -year, an increase of 0.2 percentage points from the previous month. From a month -on -month perspective, CPI changed from flat to 0.5%last month. In addition, from January to July, CPI rose 1.8%over the same period last year.

Dong Lijuan, a senior statistician of the National Bureau of Statistics, said that in July, the CPI rose from a flat to a flat to a year -on -year increase. The slightly expanding year -on -year increase was mainly affected by the rise in food prices such as pork and fresh vegetables and seasonal factors.

In terms of year -on -year, food prices rose 6.3%in July, an increase of 3.4 percentage points from the previous month, affecting the CPI rose 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.

From the previous month, food prices in July decreased from 1.6%to 3.0%last month, 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%.

According to estimates, in the year -on -year increase of 2.7%in July, the impact of the tail -tail 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.

Dong Lijuan pointed out that in July, affected by many factors such as international and domestic factors, the price of industrial products declined as a whole, and the nationwide PPI (industrial producer's factory price) turned from a flat -month to a flat -month increase, and the year -on -year increase continued to fall.

Industrial producers' exit factory prices rise and fall (picture source: National Bureau of Statistics)

Data show that in July, PPIs nationwide rose 4.2%year -on -year and 1.3%month -on -month; industrial producers' purchase prices rose 6.5%year -on -year and decreased by 0.9%month -on -month. From January to July, the ex-factory price of industrial producers rose 7.2%over the same period last year, and the purchase price of industrial producers rose 9.8%.

It is worth noting that PPI rose 4.2%year -on -year, and the increase fell 1.9 percentage points from the previous month. This is also the 9th consecutive month of PPI growth rate. Among them, the price of production materials rose by 5.0%year -on -year, and the increase fell 2.5 percentage points; the price of living materials rose 1.7%year -on -year, and the increase was the same as last month.

Of the 40 industrial industries surveyed, the price rose 35 year -on -year, which was 2 decreased than last month. In the main industries, the price increase has fallen, including coal mining and washing and selection, oil and natural gas mining, non -ferrous metal smelting and extension industry, petroleum coal and other fuel processing industries, chemical raw materials and chemical products manufacturing.

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, chemical raw materials and chemical products manufacturing, oil and coal and other fuel processing industries, petroleum and natural gas mining industry, non -ferrous metal smelting and pressure extension industry industries and other industries Both prices have decreased from each other. In addition, the prices of black metal smelting and extension industry, metal mineral products, and power thermal production and supply industries have decreased from the previous quarter and the decline has expanded. The price of coal mining and washing industry rose 0.8%last month to 2.1%.

According to estimates, in the year -on -year increase of PPIs of 4.2%in July, the impact of the 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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