China News Service, November 10th. According to the website of the National Bureau of Statistics, the National Bureau of Statistics today released the national CPI (Consumer Price Index) and PPI (Industrial Producer Price Index) data for October 2020.

According to Dong Lijuan, senior statistician of the City Department of the National Bureau of Statistics, the year-on-year increase in CPI continued to decline in October, and the year-on-year decrease in PPI was the same as the previous month.

Data map: On October 19, Chengdu citizens were shopping in the supermarket.

Photo by China News Agency reporter Zhang Lang

The CPI declined slightly from the previous month, and the year-on-year increase continued to fall

  In October, all regions and departments continued to do a good job in ensuring supply and stabilizing prices, and market supply and demand were generally stable.

From a month-on-month perspective, CPI fell by 0.3%.

Among them, food prices changed from a 0.4% increase last month to a decrease of 1.8%, which affected the CPI drop by about 0.41 percentage points.

In food, the production capacity of live pigs continued to recover, the supply of pork continued to improve, and the price fell by 7.0%, which was an increase of 5.4% from the previous month; the supply of eggs and fresh vegetables was sufficient, with prices falling by 2.3% and 2.1% respectively; in some areas, new apples and pears The price of fresh fruits rose slightly by 1.8%, which was 5.5 percentage points lower than the previous month.

Non-food prices rose by 0.1%, a decrease of 0.1 percentage point from the previous month, affecting the CPI increase by about 0.08 percentage points.

Among non-food items, residents' trips increased during the National Day and Mid-Autumn Festival, and the prices of air tickets, hotel accommodation and tourism rose by 9.4%, 4.1% and 2.8% respectively. Affected by fluctuations in international crude oil prices, gasoline and diesel prices fell by 2.3% and 2.6% respectively.

  From a year-on-year perspective, the CPI rose by 0.5%, a drop of 1.2 percentage points from the previous month.

The year-on-year growth rate fell more, mainly due to the higher comparison base in the same period last year, the reduction of tail-lifting factors, and the decline in pork prices.

Among them, food prices rose by 2.2%, a decline of 5.7 percentage points from the previous month, which affected the increase in CPI by about 0.49 percentage points.

In food, the prices of fresh vegetables, beef and mutton increased by 16.7%, 7.0% and 3.6%, respectively, and the increase rate dropped by 0.5, 2.0 and 1.8 percentage points respectively. Pork prices fell for the first time after 19 consecutive months of rising, down 2.8%; eggs The prices of chicken and duck meat fell by 18.3%, 13.2% and 6.5%, respectively, and the rate of decline expanded by 0.6, 4.1 and 1.8 percentage points respectively.

Non-food prices were flat.

Among them, the price of health care rose by 1.5%; the price of education, culture and entertainment rose by 1.1%; the price of transportation and communication fell by 3.9%, of which gasoline and diesel prices fell by 17.4% and 19.1%.

The core CPI excluding food and energy prices rose by 0.5% year-on-year, the same rate as last month.

  According to estimates, of the 0.5% year-on-year increase in October, the carry-over impact of last year's price changes was about 0.4%, down 0.8% from the previous month, and the impact of the new price increase was about 0.1%.

The month-on-month PPI changed from rising to flat, and the year-on-year decline was the same as last month

  As domestic industrial production continued to recover, industrial production prices remained stable in October.

From a month-on-month perspective, PPI changed from a slight increase last month to flat.

Among them, the price of means of production rose by 0.1%, and the rate of increase dropped by 0.1 percentage point; the price of means of subsistence fell by 0.1%, the same rate as last month.

Looking at the 40 industrial sectors surveyed, 12 saw price increases, 3 less than the previous month; 18 declined, 1 less; and 10 remained unchanged, 4 more.

Among them, affected by the decline in northern temperatures, heating demand has gradually increased, coal mining and washing industry, gas production and supply industry prices rose by 2.1% and 0.4% respectively; chemical raw materials and chemical products manufacturing prices rose by 1.1%, chemical fiber manufacturing Prices rose by 1.0%, textile, paper and paper products, and non-metallic mineral products all rose by 0.3%.

Affected by the volatility of international crude oil prices, the prices of petroleum and natural gas extraction industries fell by 4.9%, and the prices of petroleum, coal and other fuel processing industries fell by 1.6%.

In addition, the prices of non-ferrous metal smelting and rolling processing industry, ferrous metal smelting and rolling processing industry fell 0.3% and 0.1% respectively.

  From a year-on-year perspective, PPI fell by 2.1%, the same rate as last month.

Among them, the price of means of production fell by 2.7%, and the rate of decline narrowed by 0.1 percentage point; the price of means of living fell by 0.5%, and the rate of decline expanded by 0.4 percentage point.

Among the main industries, coal mining and washing industries had a narrower price drop, which fell 5.5%, or 2.0 percentage points; the gas production and supply industry, fell 5.4%, or 0.1 percentage points.

The oil and natural gas mining industry, which dropped by 30.4%, and expanded by 4.2 percentage points; the oil, coal and other fuel processing industries, fell by 18.5%, and expanded by 1.6 percentage points.

In addition, the price of non-ferrous metal smelting and rolling processing industry rose by 2.9%, the same increase as the previous month; the price of ferrous metal smelting and rolling processing industry turned from flat to increase, up 0.3%.

The price of agricultural and sideline food processing industry rose by 1.9%, a drop of 2.0%.

  According to estimates, of the 2.1% year-on-year decline in October, the carry-over impact of last year's price changes was about -0.1 percentage point, and the impact of new price increases was about -2.0 percentage points.