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Market News In March 2022, consumer prices rose by 1.5% year-on-year and remained unchanged month-on-month

In March 2022, consumer prices rose by 1.5% year-on-year and remained unchanged month-on-month

In March, the national consumer price was flat month-on-month. Among them, urban and rural areas remained unchanged; food prices fell by 1.2%, non-food prices rose by 0.3%; consumer prices rose by 0.2%, and service prices fell by 0.2%.

2022-04-11
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In March 2022, the national consumer price rose by 1.5% year-on-year. Among them, the city rose 1.6%, the rural area rose 1.2%; food prices fell 1.5%, non-food prices rose 2.2%; consumer prices rose 1.7%, service prices rose 1.1%. On average from January to March, the national consumer price rose by 1.1% over the same period of the previous year.

In March, the national consumer price was flat month-on-month. Among them, the urban area remained unchanged, while the rural area remained unchanged; food prices fell by 1.2%, non-food prices rose by 0.3%; consumer prices rose by 0.2%, and service prices fell by 0.2%.


I. Year-on-year changes in prices of various commodities and services

In March, the prices of food, tobacco and alcohol fell by 0.3% year-on-year, which affected the CPI (Consumer Price Index) to drop by about 0.09 percentage points. Among food, the price of livestock and meat dropped by 24.8%, affecting the CPI by about 0.99 percentage points, of which the price of pork fell by 41.4%, affecting the CPI by about 0.83 percentage points; the price of fresh vegetables increased by 17.2%, affecting the CPI by about 0.37 percentage points; eggs Prices rose by 7.0%, affecting CPI by 0.04 percentage points; fresh fruit prices by 4.3%, affecting CPI by 0.09 percentage points; aquatic product prices by 4.2%, affecting CPI by 0.08 percentage points; grain prices by 2.0%, affecting CPI Up about 0.04 percent.

The prices of the other seven categories all increased year-on-year. Among them, the prices of transportation and communication, education, culture and entertainment, other supplies and services rose by 5.8%, 2.6% and 2.1% respectively, the prices of housing, daily necessities and services rose by 1.3% and 0.9% respectively, and the prices of medical care and clothing rose by 0.7% and 2.1% respectively. 0.6%.


2. Changes in the prices of various commodities and services from the previous month

In March, the prices of food, tobacco and alcohol dropped by 0.9% month-on-month, affecting the CPI drop by about 0.26 percentage points. Among food, the price of livestock and meat dropped by 4.9%, affecting the CPI by about 0.15 percentage points, of which the price of pork fell by 9.3%, affecting the CPI by about 0.12 percentage points; the price of fresh fruit decreased by 2.3%, affecting the CPI by about 0.05 percentage points; the price of aquatic products A decrease of 2.1%, affecting the CPI decline by about 0.04 percentage points; grain prices rising by 0.5%, affecting the CPI rise by about 0.01 percentage points; fresh vegetable prices rising by 0.4%, affecting the CPI rise by about 0.01 percentage points.

The prices of the other seven categories rose six and fell one month-on-month. Among them, the prices of transportation and communications, other supplies and services, and clothing rose by 1.6%, 1.0%, and 0.4%, respectively, and the prices of daily necessities and services, housing, and medical care rose by 0.2%, 0.1%, and 0.1%, respectively. The prices of education, culture, and entertainment decreased by 0.3%. %.




Notes

1. Indicator explanation

The Consumer Price Index (CPI) is a relative number that measures the price level of residents' consumer goods and services over time, and comprehensively reflects the changes in the price levels of consumer goods and services purchased by residents.

2. Statistical scope

The Consumer Price Statistical Survey covers food, tobacco and alcohol, clothing, housing, daily necessities and services, transportation and communications, education, culture and entertainment, medical care, other articles and services, and 268 basic categories of commodities consumed by urban and rural residents across the country. and service price.

3. Investigation method

The sampling survey method is used to select and determine the survey outlets, and according to the principle of "fixed person, fixed point, and timing", directly send personnel to the survey outlet or collect the original price from the Internet. The data comes from about 500 cities and counties and nearly 100,000 price survey points in 31 provinces (autonomous regions and municipalities) across the country, including shopping malls (shops), supermarkets, farmers markets, service outlets and Internet e-commerce.

4. Data Description

Due to "rounding", it sometimes happens that the aggregated data is the same as the high or low value of the categorical data.

Article source: National Bureau of Statistics
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