Zhongxin Finance, February 16. On the 16th, the National Bureau of Statistics released the CPI and PPI data for January 2022.

Dong Lijuan, a senior statistician at the City Department of the National Bureau of Statistics, said in her interpretation that the year-on-year increases in CPI and PPI both declined in January.

　　Dong Lijuan said that in January, the CPI rose from a month-on-month increase, and the year-on-year increase fell.

All regions and departments continued to supply important livelihood commodities to the market before the Spring Festival, and consumer prices were generally stable.

　　From a month-on-month perspective, the CPI increased by 0.4% from a decrease of 0.3% in the previous month.

The winter seasoning is basically over, coupled with the accelerated slaughter of live pigs before the festival, the supply of pork is sufficient, and the price dropped by 2.5%.

　　On a year-on-year basis, the CPI rose by 0.9%, a decrease of 0.6 percentage points from the previous month.

In food, due to the high base in the same period last year, the price of pork fell by 41.6%, and the decline expanded by 4.9 percentage points.

　　In terms of PPI, Dong Lijuan said that in January, the PPI continued to decline month-on-month, and the year-on-year increase fell.

Prices of coal, steel and other industries fell, driving the overall price of industrial products to continue to fall.

　　From a month-on-month perspective, the PPI decreased by 0.2%, a decrease of 1.0 percentage points from the previous month.

Among them, the policy of ensuring supply and stabilizing prices was vigorously promoted, coal and steel prices continued to fall, and coal mining and washing industry prices fell by 3.5%.

Affected by the rebound in international crude oil prices, the prices of domestic oil-related industries rebounded.

Oil and gas extraction prices rose 2.6% from a 6.9% decline in the previous month.

　　On a year-on-year basis, the PPI increased by 9.1%, a decrease of 1.2 percentage points from the previous month.

Among them, the prices of means of production rose by 11.8%, and the growth rate dropped by 1.6 percentage points; the prices of living materials rose by 0.8%, and the growth rate dropped by 0.2 percentage points.

Among the 40 major industrial sectors surveyed, 36 saw price increases, 1 less than last month.

(Finish)