Consumer Price Index for August 2023
In August 2023, the national consumer price index (CPI) increased by 0.1 percent year-on-year. Among them, the price in urban areas increased by 0.2 percent and the price in rural areas decreased by 0.2 percent; the price for food decreased by 1.7 percent, while for nonfood increased by 0.5 percent; prices for consumer goods decreased by 0.7 percent and for services increased by 1.3 percent. From January to August, on average, the national consumer price index increased by 0.5 percent over the same period last year.
In August, the national consumer price index increased by 0.3 percent month-on-month. Among them, the price in urban areas increased by 0.2 percent and the price in rural areas increased by 0.4 percent; the price for food increased by 0.5 percent, while for nonfood increased by 0.2 percent; prices for consumer goods increased by 0.4 percent and for services increased by 0.1 percent.
I. Year-on-Year Changes of Prices for Different Categories
In August, prices for food, tobacco and liquor decreased by 0.5 percent year-on-year, affecting the CPI decreased by about 0.14 percentage point. Among food categories, the price for meat of livestock decreased by 10.5 percent, affecting the CPI decreased by about 0.36 percentage point, of which the price for pork decreased by 17.9 percent, affecting the CPI decreased by about 0.28 percentage point; the price for fresh vegetable decreased by 3.3 percent, affecting the CPI decreased by about 0.07 percentage point; the price for egg increased by 3.2 percent, affecting CPI increased by about 0.02 percentage point; the price for fresh fruit increased by 1.3 percent, affecting the CPI increased by about 0.03 percentage point; the price for grain increased by 0.6 percent, affecting CPI increased by about 0.01 percentage point.
Prices for other seven major categories increased five and decreased two year-on-year. Among them, prices for miscellaneous goods and services, education, culture and recreation and health care and medical services increased by 3.8, 2.5 and 1.2 percent respectively; prices for clothing and residence increased by 1.1 and 0.1 percent respectively; prices for transportation and telecommunication, household facilities, articles and services decreased by 2.1 and 0.5 percent respectively.
II. Month-on-Month Changes of Prices for Different Categories
In August, prices for food, tobacco and liquor increased by 0.4 percent month-on-month, affecting the CPI increased by about 0.10 percentage point. Among food categories, the price for egg increased by 7.0 percent, affecting the CPI increased by about 0.05 percentage point; the price for meat of livestock increased by 4.7 percent, affecting the CPI increased by about 0.14 percentage point, of which the price for pork increased by 11.4 percent, affecting the CPI increased by about 0.13 percentage point; the price for fresh fruit decreased by 4.4 percent, affecting the CPI decreased by about 0.09 percentage point;
Prices for other seven major categories increased four, leveled one and decreased two month-on-month. Among them, prices for transportation and telecommunication and education, culture and recreation increased by 1.0 and 0.2 percent respectively; prices for residence and health care and medical services both increased by 0.1 percent; the price for miscellaneous goods and services maintained the same; prices for articles for household facilities, articles and services and clothing decreased by 0.3 and 0.1 percent respectively.
Consumer Price Index in August 2023
|
|
M/M （%） |
Y/Y （%） |
Jan-Aug Growth Rate (%) |
|
Consumer prices |
0.3 |
0.1 |
0.5 |
|
Of which: Urban |
0.2 |
0.2 |
0.5 |
|
Rural |
0.4 |
-0.2 |
0.3 |
|
Of which: Food |
0.5 |
-1.7 |
1.4 |
|
Non-food |
0.2 |
0.5 |
0.3 |
|
Of which: Consumer goods |
0.4 |
-0.7 |
0.2 |
|
Services |
0.1 |
1.3 |
1.0 |
|
Of which: Excluding food and energy |
0.0 |
0.8 |
0.7 |
|
By commodity categories |
|
|
|
|
I.Food, tobacco and liquor |
0.4 |
-0.5 |
1.5 |
|
Grain |
0.2 |
0.6 |
1.3 |
|
Edible oil and fats |
0.1 |
-1.9 |
3.1 |
|
Fresh vegetables |
0.2 |
-3.3 |
-2.6 |
|
Meat of livestock |
4.7 |
-10.5 |
-2.0 |
|
Of which: Pork |
11.4 |
-17.9 |
-4.4 |
|
Beef |
0.0 |
-4.9 |
-2.0 |
|
Mutton |
-0.5 |
-4.6 |
-3.1 |
|
Aquatic products |
-0.2 |
0.2 |
0.4 |
|
Eggs |
7.0 |
3.2 |
3.3 |
|
Milk and other dairy products |
-0.2 |
0.1 |
0.8 |
|
Fresh fruit |
-4.4 |
1.3 |
6.8 |
|
Cigarettes |
0.2 |
1.4 |
1.4 |
|
Liquor |
-0.4 |
0.1 |
0.8 |
|
II. Clothing |
-0.1 |
1.1 |
0.8 |
|
Garment |
-0.1 |
1.1 |
0.9 |
|
Footwear |
0.0 |
0.9 |
0.5 |
|
III. Residence |
0.1 |
0.1 |
-0.1 |
|
Rent of rental housing |
0.1 |
-0.1 |
-0.3 |
|
Water, electricity, and fuels |
0.3 |
0.3 |
0.1 |
|
IV. Household facilities, articles and services |
-0.3 |
-0.5 |
0.3 |
|
Home appliances |
-0.6 |
-2.0 |
-1.1 |
|
Household services |
0.2 |
1.9 |
1.7 |
|
V. Transportation and telecommunication |
1.0 |
-2.1 |
-2.6 |
|
Transport facility |
-0.3 |
-4.5 |
-3.5 |
|
Fuels for transport facility |
4.8 |
-4.5 |
-7.6 |
|
Use and maintenance of transport facility |
0.0 |
0.5 |
0.8 |
|
Communication facilities |
-0.8 |
-3.0 |
-2.0 |
|
Telecommunication services |
0.0 |
-0.4 |
-0.3 |
|
Postal services |
-0.1 |
0.2 |
0.2 |
|
VI. Education, culture and recreation |
0.2 |
2.5 |
1.9 |
|
Education services |
0.1 |
1.1 |
1.2 |
|
Touring |
1.4 |
14.8 |
8.9 |
|
VII. Health care and medical services |
0.1 |
1.2 |
1.0 |
|
Traditional chinese medicines |
0.8 |
6.4 |
4.7 |
|
Western medicines |
0.0 |
0.1 |
0.3 |
|
Medical services |
0.1 |
1.1 |
1.0 |
|
VIII. Miscellaneous goods and services |
0.0 |
3.8 |
3.1 |
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 households, including food, tobacco and liquor; clothing; residence; household facilities, articles and service; transportation and telecommunication; education, culture and recreation; health care and medical services; miscellaneous goods and services.
3. Survey Methods
Sampling survey methodology is adopted to select and determine survey sites, and 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 municipalities) 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", the aggregate data may be equal to the high or low value of the classified data.