National Bureau of Statistics: Pig production capacity is gradually restored, the second half of the price will be.

In the first half of this year, China's prices remained stable, in the flood disaster and domestic and foreign epidemic uncertainty factors, the second half of the price will remain what situation? What is the trend of pork prices in the second half of the year? In this regard, July 16, the National Bureau of Statistics press spokesman, Director of the National Bureau of National Economy Integrated Statistics Liu Aihua in the first half of 2020 held a press conference on the national economy, said that the second half of food prices, although the short-term may be some local fluctuations, but the overall steady and stable situation will not change, the overall price situation will continue to maintain a stableAnd pig production capacity is gradually restored, production capacity recovery will certainly be the next stage of pork price impact gradually reflectedChina's pig production capacity is gradually restoredAccording to data released by the National Bureau of Statistics, consumer prices rose 3.8% year-on-year in the first half of the year, down 1.1 percentage points from the first quarterOn a monthly basis, consumer prices rose 2.5% year-on-year in June, down 0.1% month-on-month, in a modest rangeLiu Aihua said that under the impact of the epidemic and the impact of the recent floods, prices can return to such a range, is indeed the effect of measures taken by all parties to stabilize pricesJudging from the current composition of prices, the main factors driving price increases are structural, mainly food prices, the first half of 3.8% of the increase of about 80% are from food-driven, food prices rose 16.2% in the first half of this yearIn the month of June, food prices rose by 11.1 per cent and prices by 0.5 percentage points, which was also the main contributor"From the second half of the main factors that determine the price trend, the current industrial and consumer goods in the supply and demand are relatively stable circumstances will not change much, the main factors are still in the food sector." Liu Aihua said that the first is the impact of food prices, the National Bureau of Statistics just announced the summer grain production, summer grain production increased by 0.9%, summer grain harvest for food price stability and even overall food price stability has laid a very good foundation"Food prices do not currently have the basis for a substantial increase, it can be said that we have stabilized the basic marketAs for the price trend of pigs, Liu said that in the past two years, governments at all levels have taken a series of measures, such as increasing financial subsidies, protecting land and other measures to promote the resumption of pig productionFrom the end of the second quarter of the situation, the number of pig stocks has continued to grow for three quarters quarter-on-quarter, pig production is gradually restoredOn the other hand, we should also see that pig production is still facing certain difficulties, including floods on some areas of pig out of the column caused a certain impact, in June pork price spending turned positive, up 81.6% YoY, 81.7% in May, May and June increases were basically flat"So, on the one hand, the measures taken in the previous stage are working, pig production capacity is gradually restoring, on the other hand, there has been the impact of floods on pig production capacity and pork prices, overall capacity recovery is still relatively obvious, capacity recovery will certainly be the next stage of pork price impact gradually reflected." On the impact of the flood on the price of fresh vegetables, Liu Said, said that the current flood disaster on some areas of fresh vegetable production, storage and transportation have had an impactThe price of fresh vegetables in the month-on-month from negative to positive, flood disaster is a short-term meteorological factor, the short-term supply of fresh vegetables may have a relatively large impact, and even local areas will be more prominent performance"But we all know that the supply cycle of fresh vegetables is relatively short, coupled with the follow-up of policies such as the transfer and deployment of production, fresh vegetable prices will not be particularly significant changes, will not continue to affect the price trend in the second half of the year." Liu Aihua said that the price of fresh fruit in food is still falling, the price of aquatic products is relatively stableFrom these aspects, although the second half of food prices may appear in the short-term some fluctuations, but the overall steady and healthy situation will not change, the overall price situation will continue to maintain a stable