Chinanews, June 16 As consumption continues to heat up, will prices continue to rise in the future?
In response, Fu Linghui, a spokesperson for the National Bureau of Statistics, responded on the 16th that from the next stage, the price of food related to household consumption has remained stable overall, with a relatively good foundation and conditions.
Data map: Citizens buy agricultural products in supermarkets.
Photo by China News Agency reporter Chen Jimin
The State Council Information Office held a press conference on the 16th to introduce the operation of the national economy in May.
At the meeting, Fu Linghui pointed out that since the beginning of this year, with the recovery of the economy, the increase in consumer prices has expanded.
Generally speaking, it is still in a state of moderate rise.
Judging from the situation in the first five months, consumer prices rose only 0.4% year-on-year, of which the core CPI rose only 0.3%.
Judging from the situation of the month, consumer prices rose by 1.3% in May, of which food prices rose by only 0.3% and non-food prices rose by 1.6%.
Fu Linghui said that from a structural point of view, the impact of rising consumer prices mainly comes from non-food prices.
In May, the increase in non-food prices drove a 1.28% increase in CPI.
The CPI rose by 1.3% in May, mainly due to the increase in non-food prices.
The increase in non-food prices mainly comes from the following aspects: First, transportation and communication, mainly fuel prices, especially gasoline and diesel-related fuel prices.
The second is about the increase in the prices of some services such as education, culture, entertainment, and housing.
Fu Linghui pointed out that from the perspective of food prices, the current food prices have fallen from the previous month for three consecutive months, and the year-on-year increase is also at a relatively low level.
He said that from the next stage, food prices related to household consumption will generally remain stable, with a relatively good foundation and conditions.
One is that grain production has stabilized at more than 1.3 trillion catties for six consecutive years, and grain stocks are relatively abundant.
At the same time, hog production capacity has a relatively large impact on prices in the early stage, and hog production capacity continues to recover.
Pork prices in May fell by 23.8% year-on-year, which is a pull-down factor for CPI.