Consumer Prices for January 2022

National Bureau of Statistics of China 2022-02-17 10:00 Print| Large| Medium| Small

In January 2022, the national Consumer Price Index (CPI) rose by 0.9 percent year on year. Among them, the prices in urban and rural areas rose by 1.1 and 0.4 percent; the prices of food prices dropped by 3.8 percent, and non-food prices rose by 2.0 percent; the prices of consumer goods and service rose by 0.4 and 1.7 percent.

 

In January, the national consumer price rose by 0.4 percent month on month. Among them, the increasing was 0.5 percent in urban areas and 0.3 percent in rural areas; food prices and nonfood prices rose by 1.4 and 0.2 percent; the prices of consumer goods and service increased by 0.5 and 0.3 percent.

 

 

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

 

In January, the price of food, tobacco and alcohol decreased by 1.8 percent year-on-year, affecting the CPI to decline by about 0.52 percentage point. Among foodstuff, the price of livestock meat decreased by 25.6 percent, which affected the decline of CPI by about 1.11 percentage points, of which the price of pork decreased by 41.6  percent, which affected the decline of CPI by about 0.96 percentage point; the price of fresh vegetables decreased by 4.1 percent, affecting the decline of CPI by about 0.10 percentage point; fresh fruit prices rose by 9.9 percent, affecting CPI up by about 0.19 percentage point; the price of aquatic products rose by 8.8 percent, affecting the CPI rise by about 0.16 percentage point; egg prices rose by 1.9 percent, affecting CPI up by about 0.01 percentage point; grain prices rose by 1.6 percent, affecting the CPI rise by about 0.03 percentage point.

 

The prices of the other seven categories rose six and fell one year-on-year. Among them, the prices of transportation and communication, education, culture and entertainment and housing increased by 5.2, 2.9 and 1.4 percent respectively, and the prices of medical care, clothing, daily necessities and services increased by 0.6, 0.4 and 0.4 percent respectively; the price of other supplies and services decreased by 0.1 percent.

 

 

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

 

In January, the prices of food, tobacco and alcohol increased by 1.1 percent month on month, affecting the CPI rise by about 0.30 percentage point. Among foodstuff, the price of fresh fruit increased by 7.2 percent, affecting the increase of CPI by about 0.14 percentage point; the price of aquatic products rose by 4.1 percent, affecting the CPI rise by about 0.08 percentage point; the price of fresh vegetables increased by 3.1 percent, affecting the increase of CPI by about 0.07 percentage point; egg prices fell by 1.1 percent, affecting CPI down by about 0.01 percentage point; the price of livestock meat decreased by 0.8 percent, which affected the decline of CPI by about 0.03 percentage point, of which the price of pork decreased by 2.5 percent, which affected the decline of CPI by about 0.04 percentage point.

 

The prices of the other seven categories rose by four, leveled by one and fell by two. Among them, the prices of transportation and communication, other supplies and services increased by 1.1 and 0.9 percent respectively, and the prices of education, culture and entertainment and medical care increased by 0.2 and 0.1 percent respectively; housing prices were flat; the prices of clothing, daily necessities and services decreased by 0.5 and 0.1 percent respectively.

 

 

Consumer Prices in January

 

 

M/M (%)

Y/Y (%)

 
 

 

 

 

 

Consumer Prices

0.4

0.9

 

 Of which: Urban

0.5

1.1

 

     Rural

0.3

0.4

 

 Of which: Food

1.4

-3.8

 

     Non food

0.2

2.0

 

 Of which: Consumer Goods

0.5

0.4

 

     Services

0.3

1.7

 

 Of which: Excluding Food and Energy

0.1

1.2

 

 

By Commodity Categories

 

 

 

 I. Food, Tobacco and Liquor

1.1

-1.8

 

  Grain

-0.1

1.6

 

  Cooking Oil

0.0

4.1

 

  Fresh Vegetables

3.1

-4.1

 

  Meat

-0.8

-25.6

 

    Of which: Pork

-2.5

-41.6

 

        Beef

0.8

0.9

 

        Mutton

0.3

-2.0

 

  Aquatic Products

4.1

8.8

 

  Eggs

-1.1

1.9

 

  Dairy products

-0.3

0.8

 

  Fresh Fruits

7.2

9.9

 

  Tobacco

0.2

1.7

 

  Liquor

-0.6

1.5

 

 II. Clothing

-0.5

0.4

 

  Clothing

-0.6

0.5

 

  Shoes

-0.4

-0.1

 

 III. Residence

0.0

1.4

 

  House Renting

-0.2

0.6

 

  Water, Electricity, and Fuel

0.1

3.5

 

 IV. Household Articles and Services

-0.1

0.4

 

  Household Appliances

-0.2

1.6

 

  Household Services

4.7

6.2

 

 V. Transportation and Communication

1.1

5.2

 

  Transportation Facilities

-0.2

1.0

 

  Fuels for Vehicles

2.2

20.2

 

  Vehicle Use and Maintenance

0.4

1.7

 

  Communication Facilities

1.6

-3.3

 

  Communication Services

-0.1

-0.3

 

  Postal Services

0.2

0.2

 

 VI. Education, Culture and Recreation

0.2

2.9

 

  Education Services

0.1

2.7

 

  Tourism

2.1

8.6

 

 VII. Health Care

0.1

0.6

 

  Traditional Chinese Medicines

0.1

1.7

 

  Western Medicines

0.1

-0.7

 

  Health Care Services

0.1

0.9

 

 VIII. Other Articles and Services

0.9

-0.1

 

 

 

 

 

 

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 268 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

 

According to the principle of "fixed person, fixed point and fixed time", people are directly sent to the survey sites or collect the original price from the Internet. The data comes from about 500 cities and counties in 31 provinces (autonomous regions and cities) and nearly 100,000 price survey points, including shopping malls (stores), supermarkets, farmers' markets, service outlets and Internet e-commerce.

 

4. Data Description

 

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