Consumer Price Index for September 2023

National Bureau of Statistics of China 2023-10-14 09:30 Print| Large| Medium| Small

In September 2023, the national consumer price index (CPI) was flat on a year-on-year basis. Among them, the price in urban areas increased by 0.1 percent and the price in rural areas decreased by 0.3 percent; the price for food decreased by 3.2 percent, while for nonfood increased by 0.7 percent; prices for consumer goods decreased by 0.9 percent and for services increased by 1.3 percent. From January to September, on average, the national consumer price index increased by 0.4 percent over the same period last year.

In September, the national consumer price index increased by 0.2 percent month-on-month. Among them, the price in urban areas increased by 0.2 percent and the price in rural areas increased by 0.3 percent; the price for food increased by 0.3 percent, while for nonfood increased by 0.2 percent; prices for consumer goods increased by 0.4 percent and for services decreased by 0.1 percent.

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

In September, prices for food, tobacco and alcohol decreased by 1.5 percent year-on-year, affecting the CPI decreased by about 0.44 percentage point. Among food categories, the price for livestock meat decreased by 12.8 percent, affecting the CPI decreased by about 0.45 percentage point, of which the price for pork decreased by 22.0 percent, affecting the CPI decreased by about 0.37 percentage point; the price for fresh vegetable decreased by 6.4 percent, affecting the CPI decreased by about 0.14 percentage point; prices for aquatic products decreased by 1.5 percent, affecting the CPI to decreased by about 0.03 percentage point; the price for fresh fruit decreased by 0.3 percent, affecting the CPI decreased by about 0.01 percentage point; the price for egg increased by 0.7 percent, affecting the CPI increased by about 0.01 percentage point; the price for grain increased by 0.7 percent, affecting the 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 other articles and services, education, culture and recreation and medical services and health care increased by 3.9, 2.5 and 1.3 percent respectively; prices for clothing and housing increased by 1.1 and 0.2 percent respectively; prices for transportation and communication, articles and services for daily use decreased by 1.3 and 0.4 percent respectively.

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

In September, prices for food, tobacco and alcohol increased by 0.2 percent month-on-month, affecting the CPI increased by about 0.07 percentage point. Among food categories, the price for fresh vegetable increased by 3.3 percent, affecting the CPI increased by about 0.07 percentage point; the price for egg increased by 2.8 percent, affecting the CPI increased by about 0.02 percentage point; the price for grain increased by 0.4 percent, affecting the CPI increased by about 0.01 percentage point; the price for livestock meat increased by 0.3 percent, affecting the CPI increased by about 0.01 percentage point; prices for aquatic products decreased by 0.8 percent, affecting the CPI decreased by about 0.02 percentage point; the price for fresh fruit decreased by 0.3 percent, affecting the CPI decreased by about 0.01 percentage point.

Prices for other seven major categories increased five, leveled one and decreased one month-on-month. Among them, prices for clothing and education, culture and recreation increased by 0.8 and 0.4 percent respectively; prices for articles and services for daily use, transportation and communication and medical services and health care all increased by 0.1 percent; the price for housing maintained the same; the price for other articles and services decreased by 0.1 percent.

Consumer Price Index in September 2023

	M/M （%）	Y/Y （%）	Jan-Sep Growth Rate (%)
Consumer Prices	0.2	0.0	0.4
Of which: Urban	0.2	0.1	0.5
Rural	0.3	-0.3	0.3
Of which: Food	0.3	-3.2	0.9
Non-food	0.2	0.7	0.3
Of which: Consumer goods	0.4	-0.9	0.0
Services	-0.1	1.3	1.0
Of which: Excluding food and energy	0.1	0.8	0.7
By commodity categories
I. Food, tobacco and alcohol	0.2	-1.5	1.1
Grain	0.4	0.7	1.2
Cooking oil	-0.6	-3.1	2.4
Fresh vegetables	3.3	-6.4	-3.1
Meat	0.3	-12.8	-3.3
Of which: Pork	0.2	-22.0	-6.8
Beef	0.6	-4.9	-2.4
Mutton	-0.2	-5.1	-3.3
Aquatic products	-0.8	-1.5	0.2
Eggs	2.8	0.7	3.0
Dairy products	-0.2	0.0	0.7
Fresh fruit	-0.3	-0.3	6.0
Cigarettes	0.1	1.4	1.4
Alcohol	-0.4	0.1	0.8
II. Clothing	0.8	1.1	0.9
Clothes	0.9	1.2	0.9
Footwear	0.4	0.8	0.6
III. Housing	0.0	0.2	-0.1
House rent	-0.1	0.0	-0.3
Water, electricity, and fuel	0.3	0.5	0.2
IV. Articles and services for daily use	0.1	-0.4	0.2
Household appliances	0.0	-1.7	-1.2
Household services	0.1	1.9	1.7
V. Transportation and communication	0.1	-1.3	-2.4
Vehicles	-0.3	-4.6	-3.7
Fuels for vehicles	2.3	-1.1	-6.9
Vehicle use and maintenance	0.0	0.5	0.8
Communication facilities	0.1	-3.1	-2.1
Telecommunication services	0.0	-0.4	-0.3
Postal services	0.0	0.1	0.2
VI. Education, culture and recreation	0.4	2.5	1.9
Education services	1.4	1.8	1.3
Tourism	-3.4	12.3	9.3
VII. Medical services and health care	0.1	1.3	1.1
Traditional Chinese medicines	1.0	7.3	5.0
Western medicines	-0.1	0.0	0.2
Health care services	0.0	1.1	1.0
VIII. Other articles and services	-0.1	3.9	3.2

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 alcohol; clothing; housing; articles and services for daily use; transportation and communication; education, culture and recreation; medical services and health care; other articles 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.