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

http://data.acmr.com.cn  2019/12/11  National Bureau of Statistics of China

In November 2019, the consumer price index (CPI) went up by 4.5 percent year-on-year, with an increase of 4.2 percent in urban and 5.5 percent in rural. The food prices went up by 19.1 percent, and the non-food prices increased by 1.0 percent. The prices of consumer goods went up by 6.5 percent and the prices of services grew by1.2 percent. From January to November, on average, the overall consumer prices were up by 2.8 percent from the same period of the previous year.


In November¡ê?the consumer prices increased by 0.4 percent month on month, with an increase of 0.3 percent in urban and 0.5 percent in rural area. In which, the price of foodstuff jumped 1.8 percent, that of non-foodstuff unchanged, and that of consumer goods was up by 0.8, while that of services was down by 0.4 percent.


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


In November, prices of food, tobacco and liquor went up by 13.9 percent year-on-year, affecting nearly 4.10 percentage points increase in the CPI. Of which, livestock meat price went up by 74.5 percent, affecting nearly 3.27 percentage points increase in the CPI (price of pork was up by 110.2 percent, affecting nearly 2.64 percentage points increase in the CPI). The price of eggs rose by 10.1 percent, affecting the CPI up by about 0.06 percentage point; fresh vegetable prices jumped 3.9 percent, affecting the CPI up by 0.09 percentage point; aquatic products increased by 2.4 percent, affecting nearly 0.04 percentage point increase in the CPI. The price of grain prices rose by 0.7 percent, affecting CPI up by about 0.01 percentage point; while fresh fruit prices fell by 6.8 percent, affecting nearly 0.12 percentage point decrease in the CPI.


Prices in the other seven categories were up 6 and 1 down year on year. In which, the prices of other goods and services, health care, education, culture and entertainment rose by 4.5, 2.0 and 1.7 percent respectively, and the prices of clothing, housing and daily goods and services, rose by 1.1, 0.4 and 0.4 percent respectively, while that of transportation and communications dropped by 2.8 percent.


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


In November, food, tobacco and alcohol prices went up by 1.5 percent month-on-month, affecting CPI increase by 0.48 percentage point. In which, livestock meat increased by 4.8 percent, affecting nearly 0.34 percentage point increase in the CPI (price of pork was up by 3.8 percent, affecting nearly 0.18 percentage point increase in the CPI). Fresh vegetable prices went up by 1.4 percent, affecting CPI increase by 0.03 percentage point; fresh fruits prices went down by 3.0 percent, affecting CPI decrease by 0.05 percentage point; both aquatic products and egg prices declined by 0.5 percent, affecting CPI down by 0.01 percentage point.


Other 7 kinds of price went up 2 down 4 and 1 unchanged. In which, prices for clothing and health care rose by 0.3 and 0.1 percent, that of other goods and services, education, culture and entertainment, transportation and communications, and daily goods and services fell by 0.8, 0.7, 0.3 and 0.1 percent respectively.

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