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Original title: Pork prices fell in February, the national CPI fell 0.2% year-on-year Source: Beijing Business Daily
On March 10, the National Statistics Office released data showing that in February this year, domestic consumer prices fell 0.2% year-on-year. Among them, the city fell 0.2%, rural areas fell 0.1%; food prices fell 0.2%, non-food prices fell 0.2%; consumer goods prices fell 0.3% and services prices fell 0.1%. On average from January to February, domestic consumer prices fell 0.3% compared to the same period last year.
In February, domestic consumer prices increased 0.6% month-on-month. Among them, urban prices increased 0.6%, rural areas increased 0.4%; food prices increased 1.6%, non-food prices increased 0.4%; the prices of consumer goods increased 0.7% and the prices of services increased 0.4%.
In year-on-year terms, in February, the prices of food, tobacco and alcohol increased by 0.3% year-on-year, affecting the CPI (Consumer Price Index) by around 0.09 percentage points. In food, the price of aquatic products rose by 5.9%, which affected the increase in the CPI by approximately 0.11%; the price of fresh vegetables rose 3.3%, affecting the increase in the CPI by approximately 0.08%; the price of fresh fruits rose 3.1%, affecting the increase in the CPI by approximately 0.06%; Egg prices An increase of 3.0% will affect the increase in the CPI by approximately 0.02%; the price of food will increase by 1.4%, which will affect the increase in the CPI by approximately 0.02%; the price of livestock and meat will drop by 7.3%, which will affect the CPI by around 0.34%, of which the price of pork will drop by 14.9%, which will affect the CPI , a decrease of about 0.39 percentage points.
The prices of the other seven categories rose two and fell five. Among them, the prices of education, culture, entertainment and medical care rose 0.6% and 0.3%, respectively; the prices of transport, communications, other inputs and services fell 1.9% and 0.8%, and the prices of clothing, housing, daily necessities and services fell 0.5%, 0.3% and 0.3%, respectively 0.2%.
In month-on-month terms, in February, the prices of food, tobacco and alcohol increased 1.2% month-on-month, affecting the increase in the CPI by around 0.36 percentage points. In food, the price of aquatic products increased by 8.7%, affecting the increase in the CPI by around 0.16 percentage points; the price of fresh fruits increased by 6.1%, affecting the increase in the CPI by around 0.12 percentage points; the price of fresh vegetables increased by 1.8%, affecting the increase in the CPI by approximately 0.05 percentage points; the price of eggs A fall of 3.8% will affect the fall of the CPI by approximately 0.02%; the price of cattle meat will decrease by 1.0%, which will affect the CPI falls by approximately 0.04%, of which the price of pork will fall by 3.1%, which will affect the fall of the CPI by about 0.07%.
The prices of the other seven categories rose four quarters, one stabilized and two fell quarter-on-quarter. Among them, the prices of transport, communications, education, culture and entertainment increased by 1.1% and 0.8% respectively; house prices and daily necessities and services increased 0.1%; health care prices stayed the same; prices for clothing, other supplies and services fell 0.5% and 0.3%, respectively.
(Source: Beijing Commercial Daily)
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