Consumer Prices for August 2018
National Bureau of Statistics of China2018-09-11 08:49




In August 2018, the consumer price index (CPI) went up by 2.3 percent year-on-year. The prices grew by 2.3 percent in cities and 2.3 percent in rural areas. The food prices went up by 1.7 percent, and the non-food prices increased 2.5 percent. The prices of consumer goods went up by 2.1 percent and the prices of services grew by 2.6 percent. On average from January to August, the overall consumer prices were up by 2.0 percent from the same period of the previous year.

 

In August, the consumer prices went up by 0.7 percent month-on-month. Of which, prices went up by 0.7 percent in cities and 0.8 percent in rural areas. The food prices went up by 2.4 percent, and the non-food prices went up by 0.2 percent. The prices of consumer goods increased 0.8 percent, and the prices of services increased 0.3 percent.

 

 

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

 

Prices of food, tobacco and liquor went up by 1.9 percent year-on-year, affecting nearly 0.55 percentage points increase in the CPI. Of which, the prices of eggs went up by 10.2 percent, affecting nearly 0.06 percentage points increase in the CPI; fresh vegetables up by 4.3 percent, affecting nearly 0.11 percentage points increase in the CPI; meat, down by 2.0 percent, affecting nearly 0.09 percentage points decrease in the CPI (price of pork was down by 4.9 percent, affecting nearly 0.12 percentage points decrease in the CPI); Cooking Oil, down by 0.6 percent, affecting nearly 0.01 percentage points decrease in the CPI.

 

The prices of all the other seven categories increased year-on-year. Of which, the price of health care increased 4.3 percent, the prices of transportation and communication, education, culture and recreation,   residence increased 2.7, 2.6 and 2.5 percent respectively, household articles and services, clothing, other articles and services increased 1.6, 1.3 and 1.2 percent respectively.

 

 

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

 

Prices of food, tobacco and liquor went up by 1.7 percent month-on-month, affecting nearly 0.49 percentage points increase in the CPI. Of which, prices for fresh vegetables went up by 9.0 percent, affecting nearly 0.21 percentage points increase in the CPI; meat up by 3.8 percent, affecting nearly 0.16 percentage points increase in the CPI (price of pork was up by 6.5 percent, affecting nearly 0.14 percentage points increase in the CPI); fresh fruits up by 0.8 percent, affecting nearly 0.01 percentage points increase in the CPI; Grain and Cooking Oil unchanged from the previous month;   Aquatic Products down by 0.3 percent, affecting nearly 0.01 percentage points decrease in the CPI.

 

Among the prices of the other seven categories, five increased, one decreased and one unchanged month-on-month. Of which, the prices of residence, health care, education, culture and recreation increased 0.5, 0.4 and 0.2 percent respectively,   household articles and services and other articles and services both increased 0.1 percent, clothing decreased 0.1 percent, transportation and communication, unchanged from the previous month.

 

 

Consumer Prices in August

 

Items

August

Average on Jan-Aug

M/M (%)

Y/Y (%)

Y/Y (%)

     

 

Consumer Prices

0.7

2.3

2.0

 Of which: Urban

0.6

2.3

2.0

     Rural

0.8

2.3

2.0

 Of which: Food

2.4

1.7

1.2

     Non food

0.2

2.5

2.2

 Of which: Consumer Goods

0.8

2.1

1.6

     Services

0.3

2.6

2.7

 Of which: Excluding Food and Energy

0.2

2.0

2.0

 Of which: Excluding Fresh Vegetables and Fresh Fruits

0.4

2.2

1.9

By Commodity Categories

 

 

 

 I. Food

1.7

1.9

1.4

  Grain

0.0

0.5

0.9

  Cooking Oil

0.0

-0.6

-0.9

    Fresh Vegetables

9.0

4.3

6.9

  Meat

3.8

-2.0

-5.9

    Of which: Pork

6.5

-4.9

-11.2

        Beef

0.4

3.3

3.1

        Mutton

0.6

13.3

13.5

  Aquatic Products

-0.3

0.9

2.7

  Eggs

12.0

10.2

15.7

  Dairy products

0.2

1.6

1.0

  Fresh Fruits

0.8

5.5

3.0

  Tobacco

0.1

0.2

0.1

  Liquor

0.1

2.9

3.0

 II. Clothing

-0.1

1.3

1.2

  Clothing

-0.1

1.5

1.4

  Clothing Processing Service

0.3

4.4

4.0

  Shoes

-0.1

0.6

0.4

 III. Residence

0.5

2.5

2.4

  House Renting

0.6

2.6

2.4

  Water, Electricity, and Fuel

0.5

2.3

1.7

 IV. Household Articles and Services

0.1

1.6

1.6

    Household Appliances

0.0

0.3

0.6

    Household Services

0.5

5.9

5.5

 V. Transportation and Communication

0.0

2.7

1.6

  Transportation Facilities

-0.1

-1.5

-1.4

  Fuels for Vehicles

0.3

19.4

12.2

  Vehicle Use and Maintenance

0.2

3.0

2.7

  Communication Facilities

-0.7

-3.0

-2.5

  Communication Services

-0.2

-1.5

-1.0

    Postal Services

0.1

1.1

2.3

 VI. Education, Culture and Recreation

0.2

2.6

2.2

  Education Services

0.1

2.8

2.7

  Tourism

0.5

5.6

3.7

 VII. Health Care

0.4

4.3

5.3

  Traditional Chinese Medicines

0.7

5.8

5.3

  Western Medicines

0.8

5.2

5.2

  Health Care Services

0.3

4.2

5.9

 VIII. Other Articles and Services

0.1

1.2

1.1

     

 

 

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 8 categories and 262 basic divisions which cover the living consumption of urban and rural residents, including food, tobacco and liquor; clothing; residence; household articles and services; transportation and communication; education, culture and recreation; health care; other articles and services.

 

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 88,000 prices collection units in 500 cities and counties of the 31 provinces (autonomous regions and municipalities), which cover shopping malls, supermarkets, open fairs, service outlets and Internet E-commerce suppliers.

 

 

 

 

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