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Location: Data Center > Finance News > Content
 
Consumer Prices for March 2021

http://data.acmr.com.cn  2021/4/13  National Bureau of Statistics of China


In March 2021, the national Consumer Price Index (CPI) rose by 0.4  percent year on year. Among them, the prices in urban and rural areas rose by  0.5 and 0.4 percent; the prices of food stuff fell by 0.7 percent, that of  nonfood stuff rose by 0.7 percent; the prices of consumer goods and services  rose by 0.6 and 0.2 percent. In the first quarter, China's consumer prices were  flat compared with the same period last year.

 

In March, China's consumer prices fell by 0.5 percent month on month.  Among them, the prices in urban and rural areas dropped by 0.5 and 0.6 percent;  that of food stuff fell by 3.6 percent, while that of non-food stuff rose by 0.2  percent; and that of consumer goods and service fell by 0.8 and 0.1  percent.

 

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

 

In March, prices of food, tobacco and liquor went up by 0.1 percent  year-on-year, affecting nearly 0.03 percentage point increase in the CPI. Among  the foodstuff, the prices of aquatic products increased by 8.1 percent,  affecting the CPI up by 0.14 percentage point in total; that of fresh vegetables  rose by 4.0 percent, affecting the CPI up by 0.08 percentage point in total;  that of eggs went up by 3.4 percent, affecting the CPI up by about 0.02  percentage point; that of grain went up by 1.4 percent, affecting nearly 0.02  percentage point increase in the CPI; that of livestock meat went down by 9.1  percent, affecting nearly 0.40 percentage point decrease in the CPI (price of  pork was down by 18.4 percent, affecting nearly 0.45 percentage point decrease  in the CPI).

 

Prices in the other seven categories were 5 up 1 down and 1 flat year  on year. In which, the prices of transportation and communications, education,  culture and entertainment, health care rose by 2.7, 0.4 and 0.2 percent; that of  housing and clothing rose by 0.2 and 0.1 percent; that of consumer goods and  services was flat; and that of other goods and services decreased by 1.5  percent.


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

 

In March, food, tobacco and alcohol prices went down by 2.4 percent  month-on-month, affecting CPI decrease by 0.71 percentage point. Among the  foodstuff, the prices of fresh vegetables fell by 14.5 percent, affecting the  CPI down by 0.37 percentage point in total; that of livestock meat went down by  6.5 percent, affecting nearly 0.28 percentage point decrease in the CPI (price  of pork was down by 10.9 percent, affecting nearly 0.24 percentage point  decrease in the CPI); that of eggs went down by 3.8 percent, affecting the CPI  down by about 0.02 percentage point; and that of aquatic products decreased by  1.4 percent, affecting the CPI down by 0.03 percentage point in  total.

 

Other seven categories of prices rose 3 fell 3 and flat 1 month on  month. Among them, the prices of transportation and communication, clothing,  housing increased by 1.3, 0.4 and 0.2 percent; that of health care was flat;  that of other supplies and services, education, culture and entertainment,  consumer goods and services decreased by 0.8, 0.4 and 0.1 percent  respectively.


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