Chinese economy

In March 2021, the consumer price increased by 0.4% year on year and decreased by 0.5% month on month From National Bureau of Statistics

The following is the In March 2021, the consumer price increased by 0.4% year on year and decreased by 0.5% month on month From National Bureau of Statistics recommended by recordtrend.com. And this article belongs to the classification: Chinese economy.

In March 2021, the national consumer price rose by 0.4% year on year. Among them, urban prices rose by 0.5%, rural prices rose by 0.4%; food prices fell by 0.7%, non food prices rose by 0.7%; consumer goods prices rose by 0.6%, service prices rose by 0.2%. In the first quarter, China’s consumer prices were flat compared with the same period last year.

In March, China’s consumer prices fell 0.5% month on month. Among them, urban prices dropped by 0.5%, rural prices by 0.6%; food prices fell by 3.6%, non food prices rose by 0.2%; consumer goods prices fell by 0.8%, service prices fell by 0.1%.

1、 Year on year changes in prices of various goods and services

In March, the price of food, tobacco and alcohol rose by 0.1% year on year, affecting the CPI (consumer price index) to rise by about 0.03 percentage points. In food, the price of aquatic products increased by 8.1%, which affected CPI by 0.14%; the price of fresh fruit increased by 4.0%, which affected CPI by 0.08%; the price of eggs increased by 3.4%, which affected CPI by 0.02%; the price of grain increased by 1.4%, which affected CPI by 0.02%; the price of livestock and meat decreased by 9.1%, which affected CPI by 0.40% The decrease of CPI was about 0.45 percentage points.

The prices of the other seven categories rose, leveled and decreased year on year. Among them, the prices of transportation and communication, education, culture and entertainment, and medical and health care rose by 2.7%, 0.4%, and 0.2%, respectively; the prices of housing and clothing rose by 0.2% and 0.1%, respectively; the prices of daily necessities and services were flat; the prices of other necessities and services fell by 1.5%.

2、 Month on month changes in prices of various goods and services

In March, the price of food, tobacco and alcohol fell by 2.4% on a month on month basis, which affected CPI by about 0.71 percentage point. Among the foods, fresh vegetable prices decreased by 14.5%, which affected CPI by about 0.37%; livestock meat prices decreased by 6.5%, which affected CPI by about 0.28%, in which pork prices decreased by 10.9%, which affected CPI by about 0.24%; egg prices decreased by 3.8%, which affected CPI by about 0.02%; aquatic products prices decreased by 1.4%, which affected CPI by about 0.03%.

The prices of the other seven categories rose, leveled and fell on a month on month basis. Among them, the prices of transportation and communication, clothing and housing increased by 1.3%, 0.4% and 0.2% respectively; the prices of medical and health care were flat; the prices of other goods and services, education, culture and entertainment, daily necessities and services decreased by 0.8%, 0.4% and 0.1% respectively.

More reading: National Bureau of Statistics: consumer prices in November 2019 rose 4.5% year on year National Bureau of Statistics: consumer prices in July 2020 rose 2.7% year on year National Bureau of Statistics: consumer prices in December 2020 rose 0.2% year on year National Bureau of Statistics: consumer prices in August 2019 rose 2.8% year on year National Bureau of Statistics: consumer prices in June 2019 rose 2.7% year on year National Bureau of Statistics: 1.5% year-on-year increase in consumer price in February 2019 National Bureau of Statistics: 2.8% year-on-year increase in consumer price in August 2019 National Bureau of Statistics: 2.3% year-on-year increase in consumer price in March 2019 China Bureau of Statistics: 2.7% year-on-year increase in consumer price in May 2019 China Bureau of Statistics: 2.5% year-on-year increase in consumer price in April 2019 may 2020 Consumer prices rose by 2.4% year on year China Bureau of Statistics: consumer prices rose by 1.9% year on year in December 2018 China Bureau of Statistics: consumer prices rose by 2.0% year on year in May 2016 National Bureau of Statistics: consumer prices rose by 0.4% year on year in March 2021, decreased by 0.5% month on month National Bureau of Statistics: added value of industries above designated size increased by 4.4% in May 2020

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