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In May, CPI Rose 2.4% Compared To The Same Period Last Year, And Then Returned To The "2 Interval" After 9 Months.

2020/6/10 18:45:00 0

CPIPPIConsumer Price IndexProducer Price IndexEconomic Operation

The National Bureau of statistics released the latest data in June 10th. In May, the national consumer price index rose 2.4% over the same period, and returned to the "2 interval" after a lapse of 9 months. A number of agencies predict that the downlink channel in CPI has been opened.

Compared with the same period, food prices rose by 10.6%, and non food prices rose by 0.4%. In comparison, food prices dropped by 3.5% and non food prices remained unchanged.

In the food industry, the price of livestock and meat increased by 57.4%, which affected the CPI rose by about 2.55 percentage points, of which pork prices rose by 81.7%, which affected the increase of CPI by about 1.98 percentage points. The price of aquatic products rose by 3.7%, which affected the increase of CPI by about 0.07 percentage points; grain prices rose 1.5%, which affected CPI's rise by 0.03 percentage points; the price of fresh fruit dropped by 19.3%, affecting the decline of CPI by 0.43 percentage points, and eggs. The price dropped by 12.3%, which affected CPI's decline by about 0.08 percentage points, and the price of fresh vegetables dropped by 8.5%, which affected CPI's decline by about 0.22 percentage points.

However, affected by the warmer weather and better epidemic prevention and control, food prices continue to decline. The price of fresh vegetables dropped by 12.5%, affecting CPI by about 0.33 percentage points, and the price of livestock and meat decreased by 5.7%, affecting CPI by about 0.41 percentage points, of which pork prices dropped by 8.1%, affecting CPI by about 0.37 percentage points; egg prices dropped by 4.1%, affecting CPI by about 0.02 percentage points; fresh fruit prices decreased by 0.8%, affecting CPI by about 0.01 percentage points; and aquatic products prices. An increase of 1.3% will affect CPI's rise of about 0.02 percentage points, and grain prices will rise by 0.3%, which will affect CPI's rise by about 0.01 percentage points.

In addition, the prices of other goods and services, educational culture and entertainment increased by 5.3% and 2.2% respectively, and the prices of medical care, daily necessities and services rose by 2.1% and 0.1% respectively, while the prices of transportation, communications, housing and clothing decreased by 5.1%, 0.5% and 0.4% respectively.

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