Chinanews.net, March 19th. Peng Shaozong, a first-level inspector of the National Development and Reform Commission, pointed out on March 19 that pork supply will improve and pork prices will fall with the steady recovery of pig production capacity in the current and future periods. The supply of industrial and agricultural products in China is relatively sufficient, the service industry is developing rapidly, and the basis for stable price operation is solid. It is expected that the CPI will show a trend of highs and lows this year, and the overall price operation will remain in a reasonable range throughout the year.
Data map: A supermarket in Chongqing sells frozen pork stocks put by the municipal government. Photo by China News Agency reporter Zhou Yi
The State Council's joint prevention and control mechanism held a press conference on March 19 to introduce the work of maintaining and stabilizing prices for livestock and poultry products. A reporter asked at the meeting: From the statistical data, one of the main reasons for the rise in CPI in February was the promotion of rising pork prices, so what is the expected price trend in the next step?
Peng Shaozong responded that in February the CPI rose by 5.2% year-on-year, and the increase in pork prices drove 3.2% of them, accounting for 62%. Obviously, the impact of higher pork prices on CPI is significant. Pork is the most important meat food for Chinese residents, and it occupies a large proportion in the source of meat protein. Therefore, the price of pork is also an important price for people's livelihood, which is directly related to the lives of ordinary people.
For more than a month, in response to the new crown pneumonia epidemic, the National Development and Reform Commission has stepped up efforts to regulate and control the pork market, and has done a good job in maintaining supply and price stability. Pork prices have continued to fall from relatively high levels. The supermarkets and fairs in 36 large and medium-sized cities we monitored take lean meat as an example. The average retail price has dropped to 32.21 yuan per catty by March 18, a decrease from the highest point of 34.63 yuan in mid-February. More than 2 yuan.
Peng Shaozong pointed out that with the steady recovery of pig production capacity in the current and future period, pork supply will improve, and pork prices will fall accordingly. However, China's industrial and agricultural products are relatively abundant, the service industry is developing rapidly, and prices remain stable. The foundation is solid, and it is expected that the CPI will show a high and low trend this year, and the overall price operation will remain in a reasonable range throughout the year.