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

http://data.acmr.com.cn  2021/11/16  National Bureau of Statistics of China


In October 2021, the national Consumer Price Index (CPI) rose by 1.5 percent year on year. Among them, the prices in urban and rural areas rose by 1.6 and 1.2 percent; the prices of food stuff fell by 2.4 percent, that of nonfood stuff rose by 2.4 percent; the prices of consumer goods and services rose by 1.6 and 1.4 percent. In the first ten months, China's consumer prices increased by 0.7 percent compared with the same period last year.

 

In October, the national consumer price rose by 0.7 percent month on month. Among them, the prices in urban and rural areas both rose by 0.7 percent; food prices rose by 1.7 percent and non-food prices rose by 0.4 percent; and the prices of consumer goods and service rose by 1.1 and 0.1 percent respectively.


 

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

 

In October, the prices of food, tobacco and alcohol decreased by 0.9 percent year-on-year, affecting the CPI to decline by about 0.25 percentage point. Among foodstuff, the price of livestock meat decreased by 26.7 percent, affecting the CPI down by about 1.13 percentage points, of which the price of pork decreased by 44.0 percent, affecting the CPI down by about 0.98 percentage point; the price of fresh vegetables increased by 15.9 percent, affecting the CPI up by about 0.33 percentage point; egg prices rose by 12.6 percent, affecting CPI up by about 0.08 percentage point; the price of aquatic products increased by 8.3 percent, which affected the increase of CPI by about 0.15 percentage point; grain prices rose by 0.9 percent, affecting CPI up by about 0.02 percentage point; and fresh fruit prices rose by 0.5 percent, affecting CPI up by about 0.01 percentage point.

 

The prices of the other seven categories rose six and fell one year-on-year. Among them, the prices of transportation and communication, education, culture and entertainment and housing increased by 7.0, 2.9 and 1.7 percent respectively, and the prices of daily necessities and services, health care and clothing increased by 0.9, 0.6 and 0.5 percent respectively; and the prices of other supplies and services decreased by 0.5 percent.

 

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

 

In October, the prices of food, tobacco and alcohol increased by 1.2 percent month on month, affecting the increase of CPI by about 0.33 percentage point. Among foodstuff, the price of fresh vegetables increased by 16.6 percent, affecting the increase of CPI by about 0.34 percentage point; the price of fresh fruit increased by 2.9 percent, affecting the CPI up by about 0.05 percentage point; the price of aquatic products decreased by 2.3 percent, affecting the decline of CPI by about 0.05 percentage point; egg prices dropped by 1.9 percent, affecting CPI down by about 0.01 percentage point; the price of livestock meat decreased by 1.3 percent, affecting the CPI down by about 0.04 percentage point, of which the price of pork decreased by 2.0 percent, affecting the CPI down by about 0.02 percentage point.

 

The prices of the other seven categories rose all month on month. Among them, the prices of transportation and communication,

and housing rose by 1.0 and 0.4 percent; the prices of clothing, and daily necessities and services both increased by 0.3 percent; that of education, culture and entertainment, health care, and other supplies and services rose by 0.2, 0.2 and 0.1 percent.

 



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