Consumer Prices for July 2014
chinagate.cn, October 15, 2014 Adjust font size:
In July, the consumer price index (CPI) went up by 2.3 percent year-on-year. The prices grew by 2.3 percent in cities and 2.1 percent in rural areas. The food prices went up by 3.6 percent, while the non-food prices increased 1.6 percent. The prices of consumer goods went up by 2.2 percent and the prices of services grew by 2.5 percent. On average from January to July, the overall consumer prices were up by 2.3 percent over the same period of the previous year.
In July, the month-on-month change of consumer prices was up by 0.1 percent, of which, prices increased 0.1 percent in cities and remained at the same level (the amount of change was 0, similarly hereinafter) in rural areas. The food prices went down by 0.1 percent, while the non-food prices went up by 0.1 percent. The prices of consumer goods decreased 0.1 percent, and the prices of services went up by 0.5 percent.
I. Year-on-Year Changes of Prices of Different Categories
In July, food prices went up by 3.6 percent year-on-year, affecting nearly 1.18 percentage points increase in the overall price level. Of which, the prices of fresh fruits went up by 20.1 percent, affecting nearly 0.40 percentage points increase in the overall price level; eggs, up by 19.5 percent, affecting nearly 0.16 percentage points increase in the overall price level; aquatic products, up by 3.9 percent, affecting nearly 0.10 percentage point increase in the overall price level; grain, up by 3.3 percent, affecting nearly 0.10 percentage point increase in the overall price level; meat, poultry and related products, up by 1.1 percent, affecting nearly 0.08 percentage points increase in the overall price level (price of pork was down by 3.6 percent, affecting nearly 0.11 percentage points decrease in the overall price level); fresh vegetables, down by 1.6 percent, affecting nearly 0.05 percentage points decrease in the overall price level.
Prices for tobacco and liquor went down by 0.6 percent year-on-year. Of which, that of liquor was down by 1.6 percent, and that of tobacco was up by 0.1 percent.
Prices for clothing rose by 2.6 percent year-on-year. The prices for clothing processing service went up by 4.9 percent, and the prices for clothes went up by 2.8 percent.
Prices for household facilities, articles and maintenance services went up by 1.1 percent year-on-year, of which, prices for household services and processing, maintenance services, up by 7.4 percent and durable consumer goods up by 0.2 percent.
Prices for health care and personal articles grew by 1.4 percent year-on-year. Of which, prices for traditional Chinese herbal medicines and proprietary Chinese medicines, went up by 2.6 percent, health care services, up by 1.0 percent, western medicine, up by 0.5 percent.
Prices for transportation and communication increased 0.7 percent year-on-year. Of which, prices for fuels and parts for vehicles went up by 4.7 percent, vehicles use and maintenance, up by 2.8 percent, communication facilities, down by 4.1 percent, transportation facilities, down by 0.5 percent.
Prices for recreation, education, culture articles and services grew by 2.1 percent year-on-year. Of which, prices for touring and outing went up by 7.5 percent, education service, up by 2.1 percent.
Prices for residence went up by 2.0 percent year-on-year. Of which, prices for house renting, up by 2.8 percent, water, electricity and fuel, up by 1.1 percent, building and building decoration materials, up by 0.9 percent.
According to estimation, in the 2.3 percent growth in July, the carryover effect of last year’s prices rising accounted for 1.4 percentage points, while new prices rising factors in this year accounted for 0.9 percentage points.
