Zhongxin Finance, May 11. The National Bureau of Statistics released the national CPI (Consumer Price Index) and PPI (Industrial Producer Price Index) data for April 2022 on the 11th.

In this regard, Dong Lijuan, senior statistician of the City Department of the National Bureau of Statistics, explained that the CPI rose moderately in April, while the PPI rose.

CPI rises moderately

  In April, affected by factors such as the domestic epidemic and the continued rise in international commodity prices, the

CPI rose by 0.4% month-on-month and 2.1% year-on-year

.

All regions and departments took multiple measures to ensure supply and stabilize prices. The core CPI, excluding food and energy prices, continued to decline, up 0.9% year-on-year, and the increase was 0.2 percentage points lower than the previous month.

  From a month-on-month perspective, food prices changed from a decrease of 1.2% in the previous month to an increase of 0.9%, affecting the CPI increase of about 0.17 percentage points.

In food, due to the increase in logistics costs during the epidemic and the increase in the demand for stockpiling, the prices of potatoes, eggs and fresh fruits rose by 8.8%, 7.1% and 5.2% respectively; with the gradual adjustment of the production capacity of live pigs, the central frozen pork reserve has been purchased and stored in an orderly manner. The price of pork changed from a decrease of 9.3% in the previous month to an increase of 1.5%; the number of fresh vegetables on the market increased, and the price changed from an increase of 0.4% in the previous month to a decrease of 3.5%.

Non-food prices rose by 0.2%, a decrease of 0.1 percentage points from the previous month, affecting the CPI increase of about 0.20 percentage points.

Among non-food items, the prices of gasoline and diesel rose by 2.8% and 3.0% respectively due to changes in international oil prices; air tickets, vehicle rental fees and long-distance bus prices rose by 14.9%, 6.8% and 1.5%, respectively, due to the small holiday.

  From a year-on-year perspective, food prices changed from a decrease of 1.5% in the previous month to an increase of 1.9%, affecting the CPI increase of about 0.35 percentage points.

Among food, the prices of fresh vegetables, fresh fruits, eggs and potatoes rose by 24.0%, 14.1%, 13.3% and 11.8% respectively, the increase was larger than that of the previous month; the price of pork fell by 33.3%, and the decline was 8.1 percentage points lower than that of the previous month. .

Non-food prices rose by 2.2%, the same increase as the previous month, affecting the CPI rise by about 1.78 percentage points.

Among non-food items, the prices of gasoline, diesel and liquefied petroleum gas rose by 29.0%, 31.7% and 26.9% respectively; the prices of housing maintenance and management and education services rose by 3.1% and 2.6% respectively.

  According to estimates, in the year-on-year increase of 2.1% in April, the impact of last year's price changes was about 0.7 percentage points, and the impact of new price increases was about 1.4 percentage points.

PPI rises down

  In April, despite the high international commodity prices, all regions and departments resolutely implemented the decision-making and deployment of ensuring supply and stabilizing prices, and the increase in

PPI both month-on-month and year-on-year declined

.

  From a month-on-month perspective, PPI increased by 0.6%, a decrease of 0.5 percentage points from the previous month.

Among them, the prices of means of production rose by 0.8%, and the increase fell by 0.6 percentage points; the prices of means of living rose by 0.2%, the same increase as the previous month.

The international crude oil, non-ferrous metals and other commodity prices fluctuated at a high level, and the price increase of domestic related industries fell back.

Among them, the prices of petroleum, coal and other fuel processing industries increased by 3.5%, and the increase rate dropped by 4.4 percentage points; the prices of chemical raw materials and chemical products manufacturing industry increased by 1.4%, and the increase rate decreased by 0.4 percentage points; the prices of oil and natural gas extraction industries increased by 1.2%, and the increase rate decreased by 12.9%. percent.

The price of non-ferrous metal smelting and rolling processing industry rose by 0.8%, and the increase fell by 1.9 percentage points.

Affected by factors such as rising prices of raw materials such as iron ore and coke, the prices of ferrous metal smelting and rolling processing industries rose by 1.8%.

In addition, the price of coal mining and washing industry increased by 2.5%, the price of agricultural and sideline food processing industry increased by 1.1%; the price of non-metallic mineral products industry decreased by 0.5%.

  On a year-on-year basis, the PPI increased by 8.0%, a decrease of 0.3 percentage points from the previous month.

Among them, the prices of means of production rose by 10.3%, and the growth rate dropped by 0.4 percentage points; the prices of living materials rose by 1.0%, and the growth rate increased by 0.1 percentage points.

The effect of the policy of ensuring supply and stabilizing prices continued to show. Among the 40 major industrial sectors surveyed, 22 saw their price increases fall, an increase of 1 from the previous month.

Among them, the coal mining and washing industry increased by 53.4%, down 0.5 percentage points; the non-ferrous metal smelting and rolling processing industry increased by 16.8%, down 1.5 percentage points; the chemical raw materials and chemical products manufacturing industry increased by 14.9%, down 0.8 percentage points; The metal mineral products industry rose 6.6%, down 1.6 percentage points; the ferrous metal smelting and rolling processing industry rose 5.6%, down 3.8 percentage points.

There were 9 expansions in price increases, 3 less than the previous month.

Among them, the oil and natural gas extraction industry rose by 48.5%, an increase of 1.1 percentage points; the petroleum coal and other fuel processing industry rose by 38.7%, an increase of 5.9 percentage points; the gas production and supply industry rose by 20.7%, an increase of 4.4 percentage points; Industrials rose 2.6 percent, up 1.9 percentage points.

  According to estimates, among the 8.0% year-on-year increase in PPI in April, the impact of last year's price changes was about 5.9 percentage points, and the impact of new price increases was about 2.1 percentage points.

(Finish)

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