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Location: Data Center > Finance News > Content
 
Consumer Prices for April 2020

http://data.acmr.com.cn  2020/5/13  National Bureau of Statistics of China


In April 2020, the Consumer Price Index (CPI) went up by 3.3 percent year-on-year, with an increase of 3.0 percent in urban and 4.0 percent in rural. The food prices went up by 14.8 percent, and the non-food prices increased by 0.4 percent. The prices of consumer goods went up by 4.7 percent, and that of services grew by 0.9 percent. From January to April, on average, the overall consumer prices were up by 4.5 percent from the same period of the previous year.

 

In April, national consumer prices dropped by 0.9 percent month-on-month. Among them, the prices in urban and rural were down by 0.8 and 1.0 percent respectively; the prices of foodstuff decreased by 3.0 percent, that of non-foodstuff decreased by 0.2 percent; and that of consumer goods went down by 1.3 percent, and that of services unchanged.

 

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

In April, prices of food, tobacco and liquor went up by 11.3 percent year-on-year, affecting nearly 3.39 percentage points increase in the CPI. Of which, livestock meat price up by 66.7 percent, affecting nearly 2.97 percentage points increase in the CPI (price of pork was up by 96.9 percent, affecting nearly 2.36 percentage points increase in the CPI); the price of aquatic products rose by 2.3 percent, affecting nearly 0.04 percentage point increase in the CPI; the price of grain rose by 1.2 percent, affecting nearly 0.02 percentage point increase in the CPI; fresh fruit and vegetable prices dropped by 10.5 and 3.7 percent, affecting the CPI down by 0.21 and 0.10 percentage point in total; the price of eggs went down by 2.7 percent, affecting the CPI down by about 0.02 percentage point.

 

Prices in the other seven categories were 4 up and 3 down year on year. In which, the prices of other goods and services, and health care rose by 4.8 and 2.2 percent, that of education, culture and entertainment, and daily goods and services increased by 2.0 and 0.1 percent; while that of transportation and communications, clothing and housing fell 4.9, 0.4 and 0.3 percent.

 

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

In April, food, tobacco and alcohol prices went down by 2.1 percent month-on-month, affecting CPI decrease by 0.68 percentage point. In which, fresh vegetable prices went down by 8.0 percent, affecting CPI down by 0.23 percentage point; livestock meat prices dropped by 5.5 percent, affecting nearly 0.42 percentage point decrease in the CPI (price of pork was down by 7.6 percent, affecting nearly 0.38 percentage point decrease in the CPI); fresh fruits prices fell by 2.2 percent, affecting CPI down by 0.04 percentage point; egg prices dropped by 1.9 percent, affecting CPI down by 0.01 percentage point; the price of grain rose by 0.4 percent, affecting CPI up by 0.01 percentage point.

 

Other 7 kinds of price went up 1 down 6. In which, prices for health care rose by 0.2 percent; that of transportation and communications, housing, and education, culture and entertainment dropped by 1.2, 0.2 and 0.2 percent; and that of clothing, household goods and services, and other goods and services, all went down by 0.1 percent.



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