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    Home > Food News > Food Articles > National Bureau of Statistics: The decline in food prices pulled down CPI gains

    National Bureau of Statistics: The decline in food prices pulled down CPI gains

    • Last Update: 2022-09-30
    • Source: Internet
    • Author: User
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    On the 10th, the National Bureau of Statistics released the April 2018 national consumer price index (CPI) and industrial producer price index (PPI) data showed that CPI fell by 0.


    In April 2018, consumer prices nationwide rose 1.


    Lian Ping, chief economist at the Bank of Communications, said the CPI rose 1.


    Food prices rose 0.


    In late April, the average pig price and pig food price ratio in 22 provinces and cities fell to a new low since 2015, and the overall pork price fell by 6.


    Lian Ping said that the year-on-year increase in non-food prices and core CPI was flat with the previous month, and the price of fuel and services rose significantly


    Rope Guoqing, senior statistician of the Urban Department of the National Bureau of Statistics, said that according to estimates, in the 1.


    In April, consumer prices nationwide fell by 0.


    For the trend of CPI, Lian Ping said that prices will still run


    The PPI was suspended in phases of the year-on-year decline

    In April 2018, the national industrial producer ex-factory price rose by 3.


    Rope Guoqing said that according to estimates, in the 3.


    On a month-on-month basis, the PPI decline was the same as


    Lian Ping said that the PPI fell for 3 consecutive months month-on-month, and the new price increase was insufficient


    From a year-on-year perspective, the PPI increase was 0.


     

    Lian Ping said that the PPI rose for the first time in nearly six months year-on-year, and the phased decline came to an end


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