Consumer Prices for October 2014
National Bureau of Statistics of China2014-11-13 15:31




In October, the consumer price index (CPI) went up by 1.6 percent year-on-year. The prices grew by 1.7 percent in cities and 1.4 percent in rural areas. The food prices went up by 2.5 percent, while the non-food prices increased 1.2 percent. The prices of consumer goods went up by 1.4 percent and the prices of services grew by 2.0 percent. On average from January to October, the overall consumer prices were up by 2.1 percent over the same period of the previous year.

 

In October, the consumer prices remained at the same level month-on-month (the amount of change was 0, similarly hereinafter). Of which, prices increased 0.1 percent in cities and remained at the same level in rural areas. The food prices went down by 0.2 percent, and the non-food prices went up by 0.2 percent. The prices of consumer goods kept at the same level, and the prices of services increased 0.1 percent.  

 

 

 

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

 

In October, food prices went up by 2.5 percent year-on-year, affecting nearly 0.83 percentage points increase in the overall price level. Of which, the prices of eggs went up by 16.4 percent, affecting nearly 0.14 percentage points increase in the overall price level; fresh fruits, up by 15.2 percent, affecting nearly 0.30 percentage points increase in the overall price level; grain, up by 3.5 percent, affecting nearly 0.10 percentage point increase in the overall price level; aquatic products, up by 3.2 percent, affecting nearly 0.08 percentage points increase in the overall price level; meat, poultry and related products, up by 1.1 percent, affecting nearly 0.09 percentage points increase in the overall price level (price of pork was down by 3.1 percent, affecting nearly 0.10 percentage point decrease in the overall price level); fresh vegetables, down by 7.2 percent, affecting nearly 0.24 percentage points decrease in the overall price level.

 

 

 

 

 

Prices for tobacco and liquor went down by 0.5 percent year-on-year. Of which, that of liquor was down by 1.6 percent, and that of tobacco was up by 0.2 percent.

 

Prices for clothing rose by 2.4 percent year-on-year. The prices for clothing processing service went up by 5.3 percent, and the prices for clothes went up by 2.4 percent.

 

Prices for household facilities, articles and maintenance services went up by 1.2 percent year-on-year, of which, prices for household services and processing, maintenance services, up by 7.6 percent and durable consumer goods up by 0.2 percent.

 

Prices for health care and personal articles grew by 1.3 percent year-on-year. Of which, prices for traditional Chinese herbal medicines and proprietary Chinese medicines, went up by 2.3 percent, health care services, up by 1.2 percent, western medicine, up by 0.8 percent.

 

Prices for transportation and communication decreased 0.3 percent year-on-year. Of which, prices for fuels and parts for vehicles went down by 4.9 percent, communication facilities, down by 3.5 percent, transportation facilities, down by 0.8 percent, vehicles use and maintenance, up by 3.5 percent.

 

Prices for recreation, education, culture articles and services grew by 1.1 percent year-on-year. Of which, prices for education service went up by 3.0 percent, touring and outing, down by 2.3 percent.

 

Prices for residence went up by 1.6 percent year-on-year. Of which, prices for house renting, went up by 2.7 percent, building and building decoration materials, up by 0.8 percent, water, electricity and fuel, up by 0.5 percent.

 

According to estimation, in the 1.6 percent growth in October, the carryover effect of last year’s prices rising accounted for 0.3 percentage points, while new prices rising factors in this year accounted for 1.3 percentage point.

 

 

 

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

 

In October, food prices went down by 0.2 percent  month-on-month. Of which, prices for fresh fruits went down by 2.2 percent, affecting nearly 0.05 percentage points decrease in the overall price level; prices for aquatic products decreased 1.0 percent, affecting nearly 0.03 percentage points decrease in the overall price level; prices for pork was down by 0.6 percent, affecting nearly 0.02 percentage points decrease in the overall price level; prices for fresh vegetables decreased 0.5 percent, affecting nearly 0.01 percentage points decrease in the overall price level.

 

Non-food prices went up by 0.2 percent  month-on-month. Of which, the month-on-month prices for clothing, household facilities, articles and maintenance services, residence, tobacco and liquor, health care and personal articles increased 1.0, 0.2, 0.2, 0.1 and 0.1 percent respectively; that of recreation, education, culture articles and services kept at the same level; that of transportation and communication decreased 0.3 percent.

 

 

 

Consumer Prices in October

 

Items

October

Average on Jan-Oct

M/M (%)

Y/Y (%)

Y/Y (%)

 

 

 

 

Consumer Prices

0.0

1.6

2.1

 Of which: Urban

0.1

1.7

2.2

     Rural

0.0

1.4

1.9

 Of which: Food

-0.2

2.5

3.2

     Non food

0.2

1.2

1.5

 Of which: Consumer Goods

0.0

1.4

1.9

     Services

0.1

2.0

2.6

 Of which: Excluding Food and Energy

0.2

1.4

1.6

 Of which: Excluding Fresh Vegetables and Fresh Fruits

0.1

1.6

1.9

By Commodity Categories

 

 

 

 I. Food

-0.2

2.5

3.2

  Grain

0.3

3.5

3.1

  Grease

0.1

-4.0

-4.9

  Meat, Poultry and Related Products

0.0

1.1

0.4

    Of which: Pork

-0.6

-3.1

-4.3

        Beef

0.4

4.0

6.9

        Mutton

-0.2

1.7

5.2

  Eggs

-3.0

16.4

9.4

  Aquatic Products

-1.0

3.2

4.8

  Fresh Vegetables

-0.5

-7.2

-1.9

  Fresh Fruits

-2.2

15.2

19.1

  Milk and dairy Products

0.1

5.8

9.7

 II. Tobacco, Liquor and Articles

0.1

-0.5

-0.6

  Tobacco

0.1

0.2

0.2

  Liquor

0.1

-1.6

-1.8

 III. Clothing

1.0

2.4

2.4

  Clothing

1.0

2.4

2.5

  Shoes

1.0

2.1

2.0

  Clothing Processing Service

0.5

5.3

5.1

 IV. Household Facilities, Articles and Maintenance Services

0.2

1.2

1.2

  Durable Consumers

0.1

0.2

0.3

  Household Services and Processing, Maintenance Service

0.6

7.6

7.4

 V. Health Care and Personal Articles

0.1

1.3

1.2

  Chinese Herbal Medicines and Proprietary Chinese Medicines

0.2

2.3

3.2

  Western Medicines

0.2

0.8

0.6

  Health Care Services

0.1

1.2

1.1

 VI. Transportation and Communication

-0.3

-0.3

0.1

  Transportation Facilities

0.0

-0.8

-0.8

  Fuels and Parts for Vehicles

-2.6

-4.9

0.5

  Vehicle Use and Maintenance

0.2

3.5

2.9

  Communication Facilities

-0.2

-3.5

-4.5

  Communication Services

0.1

0.0

-0.1

 VII. Recreation, Education, Culture Articles and Services

0.0

1.1

2.1

  Education Services

0.2

3.0

2.4

  Tourism

-0.7

-2.3

6.7

 VIII. Residence

0.2

1.6

2.2

  Building and its Decoration Materials

0.2

0.8

1.1

  House Renting

0.3

2.7

3.4

  Water, Electricity, and Fuel

0.1

0.5

1.0

 

 

 

 

 

Annotations:

 

1. Explanatory Notes

 

Consumer Price Index (CPI) is an index measuring changes over time in the price level of consumer goods and services purchased by residents, which comprehensively reflects the changes of price level.

 

2. Statistical Coverage

 

Consumer Price Index (CPI) covers the prices of goods and services of eight categories and 262 basic divisions which cover the living consumption of urban and rural residents, including food; tobacco, liquor and articles; clothing; household facilities, articles and maintenance services; health care and personal articles; transportation and communication; recreation, education, culture articles and services and residence.

 

3. Survey Methods

 

The prices collection units are selected and determined by sample survey methods, and the original data of consumer prices are collected by specific person in fixed place at fixed time. Data are collected from 63,000 prices collection units in 500 cities and counties of the 31 provinces (autonomous regions and municipalities), which cover grocery stores, department stores, supermarkets, convenience stores, professional markets, franchise houses, shopping centers, open fairs and service consuming units etc.

FAQs  |  About NBS  |  Contact Us  |  Copyright National Bureau of Statistics of China,2012