China News Service, Beijing, August 10 (Reporter Du Yan) In July this year, the overall level of consumer prices in Beijing rose 1.5% year-on-year, an increase of 0.6 percentage points from the previous month.
Among them, pork prices fell 44.6% year-on-year and 2.8% month-on-month.
The industry believes that the continuous decline in meat prices has been curbed, but the rebound in meat prices will not be too great in a short period of time.
According to the data released by the Beijing Survey Team of the National Bureau of Statistics on the 10th, from January to July this year, the total level of consumer prices in Beijing rose by 0.6% year-on-year; in July, the total level of consumer prices in Beijing rose 1.5% year-on-year, an increase of 0.6% from the previous month. Percentage points, the eight categories are "six ups, one down and one flat."
From a year-on-year perspective, in July, food prices in Beijing fell by 3.8% year-on-year, affecting the CPI drop by about 0.54 percentage points.
The price of pork fell by 44.6% year-on-year, and the rate of decline was 6.7 percentage points higher than the previous month; the prices of fresh vegetables and fruits fell by 1.0% and 0.9% year-on-year, respectively, and the rates of decline were narrowed by 7.3 and 0.4 percentage points respectively from the previous month; the prices of freshwater fish and eggs, respectively The year-on-year increase was 33.0% and 9.9%, and the increase was down 0.5 and 0.4 percentage points respectively from the previous month.
Non-food prices rose by 2.4% year-on-year, an increase of 0.8 percentage points from the previous month, affecting the CPI's rise by about 2.08 percentage points.
Among them, the prices of air tickets, overseas accommodation and travel agency fees increased by 38.7%, 16.4% and 7.2% year-on-year respectively; gasoline and diesel prices increased by 25.5% and 28.4% year-on-year, respectively, an increase of 1.1 and 1.2 percentage points from the previous month.
From a month-on-month perspective, in July, the overall level of consumer prices in Beijing changed from a 0.4% drop in the previous month to an increase of 0.7%.
Among them, food prices fell by 0.3% month-on-month, and the rate of decline narrowed by 3.1 percentage points from the previous month, affecting the CPI drop by about 0.04 percentage points.
According to the analysis by the statistics department, affected by the high temperature and rainy weather in the vegetable producing areas around Beijing, the price of fresh vegetables dropped from 7.0% last month to an increase of 6.5%; the hot weather caused a drop in egg production and egg prices dropped 0.3% from the previous month. In order to increase by 0.6%; live pig production capacity continued to recover, pork prices fell by 2.8%, but the central government continued to start purchasing and storage policies to stabilize market expectations, and the rate of decline narrowed by 11.6 percentage points from the previous month.
In July, non-food prices in Beijing rose by 0.9% month-on-month, an increase of 0.8 percentage points from the previous month, affecting the CPI's rise by about 0.75 percentage points.
Among them, the summer tourist season is approaching, and the prices of air tickets, travel agency fees and overseas accommodation have all changed from falling to rising, increasing by 24.0%, 13.3% and 9.3% respectively; market demand in the graduation season increased, and rent prices rose by 0.4%; affected by the price adjustment of refined oil , Gasoline and diesel prices rose by 3.5% and 3.7% respectively, and the increase was 1.4 percentage points higher than the previous month.
Speaking of pork prices falling sharply year-on-year, Liu Tong, head of the circulation department of Beijing Xinfadi Agricultural Products Wholesale Market, said that in July 2021, the average wholesale price of white striped pigs in Xinfadi market fluctuated greatly, and the fluctuations were in a downward state in the first half of the month. There was a rebound in the second half of the month, but the rebound was weak, and then it continued to fluctuate downward.
He pointed out that pork prices began to fall in the mid-January of this year and rebounded in late June. The decline for five consecutive months has made the average wholesale price of white striped pigs close to the level of the same period in previous years.
As the government issued timely measures to ensure production capacity and stabilize prices, the continuous decline in meat prices has been curbed.
However, the price of meat will not rise too much in a short period of time.
The statistics department said that according to estimates, in the 1.5% year-on-year increase, the carry-over impact of last year's price changes was about 0.3 percentage points, and the impact of the new price increase was about 1.2 percentage points.
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