Consumer Prices for August 2022
National Bureau of Statistics of China2022-09-10 09:30




In August 2022, the national Consumer Price Index (CPI) increased by 2.5 percent year-on-year. Among them, the urban increased by 2.4 percent and the rural increased by 2.7 percent; food prices increased by 6.1 percent, while nonfood prices increased by 1.7 percent; consumer goods prices increased by 3.7 percent and service prices increased by 0.7 percent. ­­From January to August, on average, the national consumer price increased by 1.9 percent over the same period last year.

 

In August, the national consumer price decreased by 0.1 percent month-on-month. Among them, the price in urban areas decreased by 0.1 percent and the price in rural areas decreased by 0.1 percent; food prices increased by 0.5 percent, and non-food prices decreased by 0.3 percent; and consumer goods prices decreased by 0.2 percent and service prices were flat.

 

 

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

 

In August, the price of food, tobacco and alcohol increased by 4.5 percent year-on-year, affecting the CPI increased by about 1.24 percentage points. Among foodstuff, the price of fresh fruit increased by 16.3 percent, affecting the CPI increased by about 0.28 percentage point; the price of livestock meat increased by 10.1 percent, affecting the CPI increased by about 0.32 percentage point, of which the price of pork increased by 22.4 percent, affecting the CPI increased by about 0.30 percentage point; fresh vegetable prices increased by 6.0 percent, affecting CPI increased by about 0.12 percentage point; grain prices increased by 3.3 percent, affecting CPI increased by about 0.06 percentage point; egg prices increased by 1.7 percent, affecting CPI increased by about 0.01 percentage point; the price of aquatic products decreased by 0.5 percent, affecting the CPI to decreased by about 0.01 percentage point.

 

The prices of the other seven major categories all increased year-on-year. Among them, the prices of transportation, communication, other supplies and services, education, culture and entertainment increased by 4.9, 2.2 and 1.6 percent respectively, the prices of daily necessities and services and health care increased by 1.3 and 0.7 percent respectively, and the prices of clothing and housing both increased by 0.6 percent.

 

 

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

 

In August, the price of food, tobacco and alcohol increased by 0.4 percent month-on-month, affecting the CPI increased by about 0.10 percentage point. Among foodstuff, the price of egg increased by 3.1 percent, affecting the CPI increased by about 0.02 percentage point; fresh vegetable prices increased by 2.0 percent, affecting CPI increased by about 0.04 percentage point; the price of livestock meat increased by 0.6 percent, affecting the CPI increased by about 0.02 percentage point, of which the price of pork increased by 0.4 percent, affecting the CPI increased by about 0.01 percentage point; the price of fresh fruit decreased by 1.0 percent, affecting the CPI decreased by about 0.02 percentage point.

 

The prices of the other seven major categories increased three, leveled two and decreased two month-on-month. Among them, the prices of other supplies and services, education, culture and entertainment, health care increased by 0.3, 0.1 and 0.1 percent respectively; housing and daily necessities and services prices were flat; the prices of transportation and communications and clothing decreased by 1.7 and 0.2 percent respectively.

 

 

Consumer Prices in August 2022

 

Items

M/M (%)

Y/Y (%)

Jan-Aug

Growth Rate (%)

Consumer Prices

-0.1

2.5

1.9

Of which: Urban

-0.1

2.4

1.9

Rural

-0.1

2.7

1.8

Of which: Food

0.5

6.1

1.2

Non food

-0.3

1.7

2.1

Of which: Consumer Goods

-0.2

3.7

2.5

Services

0.0

0.7

1.0

Of which: Excluding Food and Energy

0.0

0.8

1.0

By Commodity Categories

     

I. Food, Tobacco and Liquor

0.4

4.5

1.4

Grain

0.0

3.3

2.6

Cooking Oil

0.7

7.5

4.7

Fresh Vegetables

2.0

6.0

8.3

Meat

0.6

10.1

-13.4

Of which: Pork

0.4

22.4

-22.8

Beef

0.1

1.3

0.7

Mutton

1.1

-2.6

-4.4

Aquatic Products

0.0

-0.5

1.3

Eggs

3.1

1.7

6.0

Dairy products

0.0

0.8

0.7

Fresh Fruits

-1.0

16.3

13.0

Tobacco

0.1

1.3

1.6

Liquor

0.0

1.5

1.6

II. Clothing

-0.2

0.6

0.6

Clothing

-0.2

0.6

0.6

Shoes

-0.3

0.5

0.3

III. Residence

0.0

0.6

1.1

House Renting

0.0

-0.5

0.0

Water, Electricity, and Fuel

0.0

3.4

3.8

IV. Household Articles and Services

0.0

1.3

1.1

Household Appliances

-0.5

1.3

1.8

Household Services

0.1

2.6

2.9

V. Transportation and Communication

-1.7

4.9

6.1

Transportation Facilities

-0.2

-0.5

0.3

Fuels for Vehicles

-4.7

19.9

25.1

Vehicle Use and Maintenance

0.0

1.6

1.5

Communication Facilities

-0.4

-2.5

-3.3

Communication Services

0.0

-0.3

-0.3

Postal Services

0.0

-0.1

-0.1

VI. Education, Culture and Recreation

0.1

1.6

2.1

Education Services

0.1

2.3

2.5

Tourism

-0.1

0.1

3.3

VII. Health Care

0.1

0.7

0.7

Traditional Chinese Medicines

0.1

2.8

2.4

Western Medicines

0.0

-0.3

-0.5

Health Care Services

0.1

0.9

0.9

VIII. Other Articles and Services

0.3

2.2

1.3

 

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.

 

Annex
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