December 22, 2024

In November, consumer prices rose 2.3% year-on-year

In November 2016, the national consumer price level rose by 2.3% year-on-year. Among them, cities rose by 2.3%, rural areas rose by 2.0%, food prices rose by 4.0%, non-food prices rose by 1.8%, consumer goods prices rose by 2.1%, and service prices rose by 2.4%. From January to November, the national consumer price level rose by 2.0% over the same period of last year.
In November, the nation’s overall consumer price index rose by 0.1% from the previous month. Among them, cities rose 0.1%, rural areas rose 0.2%; food prices rose 0.2%, non-food prices rose 0.1%; consumer goods prices rose 0.3%, service prices fell 0.1%.
First, the year-on-year changes in the prices of various types of goods and services In November, the price of food, tobacco, and alcohol rose by 3.2% year-on-year, affecting a year-on-year increase of approximately 0.96 percentage points in CPI. Among them, fresh vegetable prices rose by 15.8%, affecting CPI by approximately 0.37 percentage point; aquatic product prices rose by 5.0%, affecting CPI by approximately 0.09 percentage points; animal meat prices rose by 4.3%, affecting CPI increase by approximately 0.20 percentage points (higher pork prices. 5.6%, affecting a CPI increase of approximately 0.15 percentage points); fresh fruit prices rose 2.8%, affecting the CPI rose by about 0.04 percentage points; food prices rose 0.7%, affecting CPI rose by about 0.01%; egg prices fell by 2.2%, affecting CPI decline 0.01 percentage points.
In November, prices of the other seven categories rose six times year-on-year. Among them, the prices of health care, other supplies and services, education, culture and entertainment, residence, clothing, daily necessities, and services rose by 4.4%, 4.2%, 2.2%, 2.0%, 1.4%, and 0.3%, respectively; traffic and communications prices were flat.
Second, the price changes of various types of goods and services In November, the price of food, tobacco and alcohol rose by 0.2%, affecting the CPI rose about 0.05 percentage points. Among them, fresh vegetable prices rose by 5.5%, affecting CPI by approximately 0.14 percentage point; fresh fruit prices by 2.2%, affecting CPI by approximately 0.04 percentage points; animal meat prices by 1.2%, affecting a decrease of approximately 0.06 percentage points in CPI (pork prices decreased by 1.9 percent. %, affecting CPI decline by about 0.05%); aquatic product prices fell by 0.7%, affecting CPI by about 0.01%.
In November, the prices of the other seven categories rose by three times a month. Among them, clothing, health care, and housing prices rose by 0.6%, 0.4%, and 0.2% respectively; educational and entertainment prices fell by 0.3%; prices of daily necessities and services, transportation, communications, and other supplies and services were all flat.

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