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Location: Data Center > Finance News > Content
 
Consumer Prices for March 2018

http://data.acmr.com.cn  2018/4/12  National Bureau of Statistics of China


 

In March 2018, the consumer price index (CPI) went up by 2.1 percent year-on-year. The prices grew by 2.1 percent in cities and 1.9 percent in rural areas. The food prices went up by 2.1 percent, and the non-food prices increased 2.1 percent. The prices of consumer goods went up by 1.6 percent and the prices of services grew by 2.8 percent. On average from January to March, the overall consumer prices were up by 2.1 percent from the same period of the previous year.

 

In March, the consumer prices went down by 1.1 percent month-on-month. Of which, prices went down by 1.1 percent in cities and 1.2 percent in rural areas. The food prices went down by 4.2 percent, and the non-food prices went down by 0.4 percent. The prices of consumer goods decreased 1.4 percent, and the prices of services decreased 0.7 percent.

 

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

 

Prices of food, tobacco and liquor, went up by 2.0 percent year-on-year, affecting nearly 0.61 percentage points increase in the CPI. Of which, the prices of eggs, went up by 17.6 percent, affecting nearly 0.09 percentage points increase in the CPI; fresh vegetables, up by 8.8 percent, affecting nearly 0.22 percentage points increase in the CPI; fresh fruits, up by 7.4 percent, affecting nearly 0.13 percentage points increase in the CPI; aquatic products, up by 5.6 percent, affecting nearly 0.10 percentage point increase in the CPI; meat, down by 6.1 percent, affecting nearly 0.29 percentage points decrease in the CPI (price of pork was down by 12.0 percent, affecting nearly 0.32 percentage points decrease in the CPI).

 

The prices of all the other seven categories increased year-on-year. Of which, the prices of health care, residence, education, culture and recreation, increased 5.7, 2.2 and 2.2 percent respectively, household articles and services, other articles and services, increased 1.6 and 1.2 percent respectively, clothing, transportation and communication, increased 1.1 and 0.3 percent respectively.

 

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

 

Prices of food, tobacco and liquor went down by 2.8 percent year-on-year, affecting nearly 0.85 percentage points decrease in the CPI. Of which, prices for fresh vegetables, went down by 14.8 percent, affecting nearly 0.45 percentage points decrease in the CPI; meat, down by 5.4 percent, affecting nearly 0.24 percentage points decrease in the CPI (price of pork was down by 8.4 percent, affecting nearly 0.21 percentage points decrease in the CPI); eggs, aquatic products, fresh fruits, down by 7.9, 3.2 and 2.4 percent respectively, affecting nearly 0.15 percentage points decrease in the CPI in total. 

 

Among the prices of the other seven categories, three increased and four decreased month-on-month. Of which, the prices of clothing, residence, health care, increased 0.6, 0.2 and 0.2 percent respectively, education, culture and recreation, transportation and communication, decreased 1.6 and 1.6 percent respectively, other articles and services, household articles and services, decreased 0.5 and 0.2 percent respectively.

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