Consumer Prices for June 2020

National Bureau of Statistics of China 2020-07-10 09:30 Print| Large| Medium| Small

In June 2020, the Consumer Price Index (CPI) went up by 2.5 percent year-on-year, with an increase of 2.2 percent in urban and 3.2 percent in rural. The food prices went up by 11.1 percent, and the non-food prices increased by 0.3 percent. The prices of consumer goods went up by 3.5 percent, and that of services grew by 0.7 percent. From January to June, on average, the overall consumer prices were up by 3.8 percent from the same period of the previous year.

 

In June, national consumer prices dropped by 0.1 percent month-on-month. Among them, the prices in urban went down by 0.1 percent, and in rural unchanged; the prices of foodstuff increased by 0.2 percent, that of non-foodstuff decreased by 0.1 percent; that of consumer goods unchanged and that of services dropped by 0.1 percent.

 

 

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

 

In June, prices of food, tobacco and liquor went up by 8.8 percent year-on-year, affecting nearly 2.64 percentage points increase in the CPI. Of which, livestock meat price up by 57.4 percent, affecting nearly 2.61 percentage points increase in the CPI (price of pork was up by 81.6 percent, affecting nearly 2.05 percentage points increase in the CPI); the price of aquatic products rose by 4.8 percent, affecting nearly 0.09 percentage point increase in the CPI; fresh vegetable prices rose by 4.2 percent, affecting the CPI up by 0.10 percentage point in total; the price of grain rose by 1.6 percent, affecting nearly 0.03 percentage point increase in the CPI; fresh fruit prices dropped by 29.0 percent, affecting the CPI down by 0.67 percentage point in total; the price of eggs went down by 13.6 percent, affecting the CPI down by about 0.08 percentage point.

 

Prices in the other seven categories were 3 up 3 down and 1 unchanged year on year. In which, the prices of other goods and services rose by 5.1 percent, that of education, culture and entertainment and health care both increased by 1.9 percent; and that of daily goods and services unchanged; while that of transportation and communications, housing and clothing fell 4.6, 0.6 and 0.4 percent.

 

 

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

 

In June, food, tobacco and alcohol prices went up by 0.1 percent month-on-month, affecting CPI increase by 0.04 percentage point. In which, fresh vegetable prices went up by 2.8 percent, affecting CPI up by 0.07 percentage point; livestock meat prices rose by 2.2 percent, affecting nearly 0.15 percentage point increase in the CPI (price of pork was up by 3.6 percent, affecting nearly 0.15 percentage point increase in the CPI); fresh fruits prices fell by 7.6 percent, affecting CPI down by 0.13 percentage point; egg prices dropped by 3.7 percent, affecting CPI down by 0.02 percentage point.

 

Other 7 kinds of price went up 1 down 5 and 1 unchanged. In which, prices for other goods and services increased by 0.4 percent; that of health care unchanged; that of transportation and communications, education, culture and entertainment both decreased by 0.3 percent, and that of clothing and housing both dropped by 0.2 percent and that of household goods and services fell 0.1 percent.

 

 

Consumer Prices in June

 

Items

June

Average on Jan-Jun

M/M (%)

Y/Y (%)

Y/Y (%)

 

 

 

 

Consumer Prices

-0.1

2.5

3.8

 Of which: Urban

-0.1

2.2

3.6

     Rural

0.0

3.2

4.7

 Of which: Food

0.2

11.1

16.2

     Non food

-0.1

0.3

0.7

 Of which: Consumer Goods

0.0

3.5

5.6

     Services

-0.1

0.7

1.0

 Of which: Excluding Food and Energy

-0.1

0.9

1.2

 Of which: Excluding Fresh Vegetables and Fresh Fruits

0.0

3.2

4.2

By Commodity Categories

 

 

 

 I. Food, Tobacco and Liquor

0.1

8.8

12.2

  Grain

0.1

1.6

1.0

  Cooking Oil

0.4

5.7

5.5

    Fresh Vegetables

2.8

4.2

3.4

  Meat

2.2

57.4

70.5

    Of which: Pork

3.6

81.6

104.3

        Beef

-0.5

18.5

20.2

        Mutton

0.4

10.9

11.1

  Aquatic Products

0.1

4.8

3.4

  Eggs

-3.7

-13.6

-4.0

  Dairy products

0.3

1.1

0.8

  Fresh Fruits

-7.6

-29.0

-13.3

  Tobacco

0.1

0.8

0.8

  Liquor

0.0

2.2

2.7

 II. Clothing

-0.2

-0.4

-0.1

  Clothing

-0.2

-0.3

0.0

  Clothing Processing Service

0.1

2.1

2.4

  Shoes

-0.3

-1.1

-0.7

 III. Residence

-0.2

-0.6

-0.1

  House Renting

-0.1

-0.7

-0.1

  Water, Electricity, and Fuel

-0.3

-1.1

-0.5

 IV. Household Articles and Services

-0.1

0.0

0.1

    Household Appliances

-0.3

-2.0

-1.8

    Household Services

0.0

2.9

2.8

 V. Transportation and Communication

-0.3

-4.6

-3.2

  Transportation Facilities

-0.5

-2.3

-1.9

  Fuels for Vehicles

0.2

-19.1

-12.2

  Vehicle Use and Maintenance

0.0

1.8

1.5

  Communication Facilities

-0.5

-2.1

-3.0

  Communication Services

0.0

-0.4

-0.5

    Postal Services

-0.1

-0.7

-0.7

 VI. Education, Culture and Recreation

-0.3

1.9

2.0

  Education Services

0.1

2.3

2.4

  Tourism

-1.8

4.5

4.5

 VII. Health Care

0.0

1.9

2.1

  Traditional Chinese Medicines

0.1

2.8

2.9

  Western Medicines

-0.1

0.2

1.5

  Health Care Services

0.0

2.5

2.5

 VIII. Other Articles and Services

0.4

5.1

5.0

 

 

 

 

 

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 8 categories and 262 basic dishvisions 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.

 

4. Data Description

 

Due to "rounding-off", sometimes the aggregate data is the same as the high or low value of the classified data.