CPI rose by 6.2% year-on-year in August, with the growth rate falling for the first time in eight months
CPI rose by 6.2% year-on-year in August, with the growth rate falling for the first time in eight months
China Construction machinery information
Guide: the changes in consumer prices in August were automatically identified in August 2011, and the overall level of consumer prices nationwide rose by 6.2% year-on-year. Among them, the urban production cost decreased significantly, the city increased by 5.9%, and the rural increased by 6.7%; Food prices rose by 13.4%, while non food prices rose by 3.0%; The price of consumer goods rose by 7.3%, and the price of service items rose by 3.4%
changes in consumer prices in August
in August 2011, the overall level of consumer prices nationwide rose by 6.2% year-on-year. Among them, the urban growth rate was 5.9%, and the rural growth rate was 6.7%; Food prices rose by 13.4%, while non food prices rose by 3.0%; The price of consumer goods rose by 7.3%, and the price of service items rose by 3.4%. The overall level of consumer prices nationwide rose 0.3% month on month. Among them, the urban growth rate was 0.3%, and the rural growth rate was 0.3%; Food prices rose by 0.6%, and non food prices rose by 0.2%; The price of consumer goods rose by 0.3%, and the price of service items rose by 0.2%
I. year on year changes in prices of various commodities
food prices rose 13.4% year on year, affecting the overall price level to rise by about 4.02 percentage points. Among them, grain prices rose by 12.2%, affecting the overall price level by about 0.33 percentage points; The price of meat and poultry and their products increased by 29.3%, affecting the overall price level by about 1.89 percentage points (the price of pork increased by 45.5%, affecting the overall price level by about 1.27 percentage points); Egg prices rose by 16.3%, affecting the overall price level by about 0.14 percentage points; The price of aquatic products increased by 14.7%, affecting the overall price level by about 0.33 percentage points; The price of fresh vegetables increased by 0.1%; Fresh fruit prices rose by 4.0%, affecting the overall price level by about 0.07 percentage points; Oil prices rose by 17.1%, affecting the overall price level by about 0.19 percentage points
the price of tobacco and alcohol increased by 2.9% year-on-year. Among them, the price of tobacco rose by 0.3%, and the price of alcohol rose by 6.8%
clothing prices rose 2.9% year-on-year. Among them, the price of clothing increased by 3.2%, and the price of shoes increased by 1.1%
the prices of household equipment, supplies and maintenance services increased by 2.8% year-on-year. Among them, the price of durable consumer goods rose by 0.7%, and the price of household services and processing and maintenance services rose by 11.6%
the prices of medical care and personal products increased by 4.1% year-on-year. Among them, the price of Western medicine decreased by 0.4%, the price of traditional Chinese medicine and proprietary Chinese medicine increased by 14.2%, and the price of medical and health care services increased by 0.5%
the price of transportation and communication increased by 1.0% year-on-year. Among them, the price of transportation vehicles decreased by 0.7%, the price of vehicle fuel and spare parts increased by 14.9%, the price of vehicle use and maintenance increased by 4.5%, the price of inter city transportation increased by 3.1%, and the price of urban public transportation increased by 2.6%; The price of communication tools decreased by 13.0%
the prices of entertainment, education, cultural goods and services increased by 0.4% year-on-year. Among them, the price of education increased by 1.6%, the price of cultural and entertainment expenses increased by 1.6%, the price of tourism increased by 2.9%, and the price of durable consumer goods and services for cultural and entertainment decreased by 6.7%
residential prices rose 5.5% year-on-year. Among them, the prices of water, electricity and fuel rose by 4.4%, the prices of building and decoration materials rose by 5.5%, and the rental price of housing rose by 3.8%
it is estimated that in the 6.2% increase in August, the tail raising factor of the price rise last year, which the central government put forward a series of requirements for changing the mode of economic growth, is about 2.7 percentage points, and the new price rise factor this year is about 3.5 percentage points
II. Month on month changes in commodity prices
food prices rose 0.6% month on month in August, affecting the overall price level to rise by about 0.19 percentage points. Among them, the price of meat and poultry and their products increased by 1.5% month on month, 3.2 percentage points lower than the month on month increase in July (pork prices increased by 1.3% month on month, 6.4 percentage points lower than the month on month increase in July); Egg prices rose 4.4% month on month, 3.6 percentage points higher than the month on month increase in July; The oil price increased by 2.1% month on month, 1.7 percentage points higher than the month on month increase in July. The above three items together affected the overall level of consumer prices by about 0.18 percentage points month on month. The prices of fresh vegetables, fresh fruits and aquatic products decreased by 0.2%, 4.1% and 0.7% month on month respectively, which affected the overall level of consumer prices by about 0.09 percentage points
in August, non food prices increased by 0.2% month on month, affecting the overall level of consumer prices by about 0.12 percentage points month on month. Among them, the prices of tobacco and alcohol, household equipment supplies and maintenance services, medical care and personal goods, entertainment, education, cultural goods and services, and housing increased by 0.2%, 0.2%, 0.6%, 0.1% and 0.2% respectively, while the prices of clothing decreased by 0.1% month on month, and the prices of transportation and communication remained the same month on month
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1. Index Interpretation: the ConsumerPriceIndex, referred to as CPI, is a relative number that measures the price level of residents' consumer goods and services over time, which comprehensively reflects the changes in the price level of residents' purchased consumer goods and services, and can give a revised value
2. Statistical scope: the national consumer price index (CPI) covers the prices of 262 basic categories of goods and services in eight categories, including food, tobacco, alcohol, clothing, household equipment supplies and maintenance services, medical care and personal supplies, transportation and communications, entertainment, education, cultural goods and services, and housing, consumed by urban and rural residents throughout the country. The data comes from 63000 price survey points in 500 cities and counties in 31 provinces (districts and cities), including grocery stores, department stores, supermarkets, convenience stores, professional markets, specialty stores, shopping centers, and farmers' markets and service consumption units
3. Survey method: the raw data of consumer prices are collected by sending people directly to the survey points in "fixed person, fixed point and fixed time"
4. From January, 2011, China's consumer price index began to calculate the price index series with 2010 as the comparison base period. This is the second regular base period replacement since the calculation of the fixed base price index in 2001. The first base period is 2000, and it is replaced every five years. The second base period is 2005
5. According to the 2010 national household consumption expenditure survey data of urban and rural residents and the survey data of relevant departments, the weight composition of CPI has been routinely adjusted since January 2011. Using the new weight, the CPI in August increased by 6.151% year-on-year and 0.308% month on month; Using the old weights, the CPI in August increased by 6.250% year-on-year and 0.305% month on month
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