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Location: Data Center > Finance News > Content
 
Consumer Prices for July 2017

http://data.acmr.com.cn  2017/8/9  National Bureau of Statistics of China


In July 2017, the consumer price index (CPI) went up by 1.4 percent year-on-year. The prices grew by 1.5 percent in cities and 1.0 percent in rural areas. The food prices went down by 1.1 percent, and the non-food prices increased 2.0 percent. The prices of consumer goods went up by 0.5 percent and the prices of services grew by 2.9 percent. On average from January to July, the overall consumer prices were up by 1.4 percent from the same period of the previous year.

 

In July, the consumer prices increased 0.1 percent month-on-month. Of which, prices increased 0.1 percent in cities and remained at the same level in rural areas. The food prices went down by 0.1 percent, and the non-food prices went up by 0.2 percent. The prices of consumer goods decreased 0.2 percent, and the prices of services increased 0.6 percent.

 

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

 

In July, prices of food, tobacco and liquor, went down by 0.1 percent year-on-year, affecting nearly 0.04 percentage points decrease in the CPI. Of which, the prices of meat, went down by 9.8 percent, affecting nearly 0.49 percentage points decrease in the CPI (price of pork was down by 15.5 percent, affecting nearly 0.46 percentage points decrease in the CPI); eggs, went down by 4.9 percent, affecting nearly 0.03 percentage points decrease in the CPI; fresh vegetables, up by 9.1 percent, affecting nearly 0.20 percentage points increase in the CPI; aquatic products, up by 4.3 percent, affecting nearly 0.08 percentage points increase in the CPI; fresh fruits, up by 1.7 percent, affecting nearly 0.03 percentage points increase in the CPI; grain, up by 1.6 percent, affecting nearly 0.03 percentage points increase in the CPI.

 

In July, among the prices of the other seven categories, six increased and one decreased year-on-year. Of which, the prices of health care increased 5.5 percent, residence, education, culture and recreation increased 2.5 percent, clothing, other articles and services, household articles and services, increased 1.4, 1.3 and 1.1 percent respectively, transportation and communication, decreased 0.2 percent.

 

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

 

In July, prices of food, tobacco and liquor remained at the same level month-on-month. Of which, prices for fresh vegetables, went up by 7.0 percent, affecting nearly 0.15 percentage points increase in the CPI; eggs, up by 3.2 percent, affecting nearly 0.02 percentage points increase in the CPI; fresh fruits, went down by 9.2 percent, affecting nearly 0.16 percentage points decrease in the CPI; meat, down by 0.5 percent, affecting nearly 0.02 percentage points decrease in the CPI (price of pork was down by 0.7 percent, affecting nearly 0.02 percentage points decrease in the CPI).

 

Among the prices of the other seven categories, four increased and three decreased. Of which, the prices of education, culture and recreation, health care increased 1.0 and 0.5 percent respectively, residence, household articles and services, increased 0.1 percent, clothing, transportation and communication, other articles and services, decreased 0.4, 0.3 and 0.1 percent respectively.



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