In June 2020, the Consumer Price Index (CPI) went up by 2.5 percent year-on-year, with an increase of 2.2 percent in urban and 3.2 percent in rural. The food prices went up by 11.1 percent, and the non-food prices increased by 0.3 percent. The prices of consumer goods went up by 3.5 percent, and that of services grew by 0.7 percent. From January to June, on average, the overall consumer prices were up by 3.8 percent from the same period of the previous year.
In June, national consumer prices dropped by 0.1 percent month-on-month. Among them, the prices in urban went down by 0.1 percent, and in rural unchanged; the prices of foodstuff increased by 0.2 percent, that of non-foodstuff decreased by 0.1 percent; that of consumer goods unchanged and that of services dropped by 0.1 percent.
I. Year-on-Year Changes of Prices of Different Categories
In June, prices of food, tobacco and liquor went up by 8.8 percent year-on-year, affecting nearly 2.64 percentage points increase in the CPI. Of which, livestock meat price up by 57.4 percent, affecting nearly 2.61 percentage points increase in the CPI (price of pork was up by 81.6 percent, affecting nearly 2.05 percentage points increase in the CPI); the price of aquatic products rose by 4.8 percent, affecting nearly 0.09 percentage point increase in the CPI; fresh vegetable prices rose by 4.2 percent, affecting the CPI up by 0.10 percentage point in total; the price of grain rose by 1.6 percent, affecting nearly 0.03 percentage point increase in the CPI; fresh fruit prices dropped by 29.0 percent, affecting the CPI down by 0.67 percentage point in total; the price of eggs went down by 13.6 percent, affecting the CPI down by about 0.08 percentage point.
Prices in the other seven categories were 3 up 3 down and 1 unchanged year on year. In which, the prices of other goods and services rose by 5.1 percent, that of education, culture and entertainment and health care both increased by 1.9 percent; and that of daily goods and services unchanged; while that of transportation and communications, housing and clothing fell 4.6, 0.6 and 0.4 percent.
II. Month-on-Month Changes of Prices of Different Categories
In June, food, tobacco and alcohol prices went up by 0.1 percent month-on-month, affecting CPI increase by 0.04 percentage point. In which, fresh vegetable prices went up by 2.8 percent, affecting CPI up by 0.07 percentage point; livestock meat prices rose by 2.2 percent, affecting nearly 0.15 percentage point increase in the CPI (price of pork was up by 3.6 percent, affecting nearly 0.15 percentage point increase in the CPI); fresh fruits prices fell by 7.6 percent, affecting CPI down by 0.13 percentage point; egg prices dropped by 3.7 percent, affecting CPI down by 0.02 percentage point.
Other 7 kinds of price went up 1 down 5 and 1 unchanged. In which, prices for other goods and services increased by 0.4 percent; that of health care unchanged; that of transportation and communications, education, culture and entertainment both decreased by 0.3 percent, and that of clothing and housing both dropped by 0.2 percent and that of household goods and services fell 0.1 percent.