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Location: Data Center > Finance News > Content
 
Consumer Prices for September 2019

http://data.acmr.com.cn  2019/10/16  National Bureau of Statistics of China


In September 2019, the Consumer Price Index (CPI) went up by 3.0 percent year-on-year, with an increase of 2.8 percent in urban and 3.6 percent in rural. The food prices went up by 11.2 percent, and the non-food prices increased 1.0 percent. The prices of consumer goods went up by 4.0 percent and the prices of services grew by1.3 percent. From January to September, on average, the overall consumer prices were up by 2.5 percent from the same period of the previous year.

 

In September, the consumer prices increased by 0.9 percent month on month, with an increase of 0.7 percent in urban and 1.3 percent in rural area. In which, the price of foodstuff, non-foodstuff, and consumer goods was respectively up by 3.5, 0.2 and 1.5 percent, while that of services was down by 0.1 percent.

 

I. Year-on-Year Changes of Prices of Different Categories

 

In September, Prices of food, tobacco and liquor went up by 8.4 percent year-on-year, affecting nearly 2.49 percentage points increase in the CPI. Of which, livestock meat price up by 46.9 percent, affecting nearly 2.03 percentage points increase in the CPI (price of pork was up by 69.3 percent, affecting nearly 1.65 percentage points increase in the CPI), poultry meat up by 14.7 percent, affecting nearly 0.18 percentage point increase in the CPI. The price of eggs rose by 9.4 percent, affecting the CPI up by about 0.05 percentage point. Fresh fruit prices rose by 7.7 percent, affecting nearly 0.13 percentage point increase in the CPI. The price of aquatic products jumped 2.9 percent, affecting nearly 0.05 percentage point increase in the CPI. Grain prices rose by 0.6 percent, affecting CPI up by about 0.01 percentage point. Fresh vegetable prices dropped by 11.8, affecting the CPI down by 0.33 percentage point.

 

Prices in the other seven categories were up six and one down year on year. In which, the prices of other goods and services, health care, education, culture and entertainment rose by 5.8, 2.2 and 1.7 percent respectively, and the prices of clothing, housing and daily goods and services rose by 1.6, 0.7 and 0.6 percent respectively, while that of transportation and communications dropped by 2.9 percent.

II. Month-on-Month Changes of Prices of Different Categories

 

In September, food, tobacco and alcohol prices up by 2.6 percent month-on-month, affecting CPI increase by 0.80 percentage points. In which, livestock meat increased 15.0 percent, affecting nearly 0.81 percentage point increase in the CPI (price of pork was up by 19.7 percent, affecting nearly 0.65 percentage points increase in the CPI). Egg prices jumped by 7.7 percent, affecting CPI up by 0.04 percentage point. Poultry meat prices increased by 5.9 percent, affecting the CPI increase by 0.08 percentage point. Fresh fruits and vegetable prices down by 7.6 and 2.4 percent, affecting CPI decrease by 0.15 and 0.06 percentage point. The price of aquatic products decreased by 0.2%.

 

Other 7 kinds of price went up 5 down 1 and 1 unchanged. In which, prices for other goods and services, and clothing rose by 0.9 and 0.8 percent respectively, that of housing, education, culture and entertainment and health care all rose by 0.1 percent, that of household goods and services remain the same level, while that of transportation and communications dropped by 0.4 percent.



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