Chinanews.com, January 12th (China News Finance Wu Jiaju) The Spring Festival is coming, and China has entered the traditional peak season of consumption.

What is the current price situation?

How to ensure the stability of the prices of important livelihood commodities during the Spring Festival?

The National Development and Reform Commission held a press conference on the work related to price stabilization on the 12th.

In 2022, the CPI will rise by 2%, which is significantly lower than that of Europe, the United States and other countries

  Wan Jinsong, director of the Price Department of the National Development and Reform Commission, said that in 2022, my country's overall price level will continue to run smoothly, and the monthly increase of the domestic consumer price index (CPI) will always run below 3%, and the annual increase will be 2%, which is significantly lower than that of the United States. %, the Eurozone over 8%, and the UK around 9%, and the growth rates in developed economies are also significantly lower than the 7%-10% (January-November) growth rates in emerging economies such as India, Brazil, and South Africa.

The contrast between international expansion and domestic stability is very stark.

In 2022, the retail price of rice in 36 large and medium-sized cities will drop by 1%

  According to Niu Yubin, deputy director of the Price Department of the National Development and Reform Commission, the food price index in the CPI for the whole year of 2022 will rise by 2.8%, which is significantly lower than the 10% increase in major economies such as the United States and Europe.

The comparison of food price increases at home and abroad is more obvious. The monthly year-on-year increases of international wheat and corn prices are as high as 74% and 36%. The retail price of rice decreased by 1% compared with the previous year, and the retail price of flour increased by 3% compared with the previous year.

Data map: People are shopping in large supermarkets.

Photo by China News Agency reporter Liu Zhongjun

In 2022, about 6.5 billion yuan in price subsidies will be issued

  According to Zhou Banxue, deputy director of the Price Department of the National Development and Reform Commission, since 2020, a total of 37.5 billion yuan in price subsidies have been issued in various places, benefiting 730 million people in need; among them, about 6.5 billion yuan in price subsidies will be issued in 2022, benefiting about 200 million people in need It has played a positive role in mitigating the impact of rising prices and ensuring the basic livelihood of the poor.

In 2023, we are confident and have the ability to continue to maintain overall price stability

  What will be the price trend in 2023?

Wan Jinsong, director of the Price Department of the National Development and Reform Commission, said that looking forward to 2023, although international commodity prices may fluctuate at high levels and imported inflationary pressures still exist, there is a solid foundation for my country's prices to maintain stable operation.

With continuous bumper harvests in grain production, reasonable and sufficient hog production capacity, sufficient supply of important livelihood commodities, strong basic energy security, and further improvement of the system for ensuring supply and stabilizing prices, we

are fully confident and capable of maintaining overall price stability

.

Data map: Supermarket employees are arranging pork.

Photo by Zhang Yun

It is expected that the price fluctuation of live pigs in 2023 will be smaller than that in 2022

  What will happen to the domestic pig market price situation in the future?

Wan Jinsong said that we are concerned that due to factors such as weaker pork consumption than in previous years and a periodic increase in hog supply, domestic hog prices have recently fallen.

According to the analysis of all parties, the current domestic hog production capacity is generally within a reasonable range, and it is expected that the price fluctuations in 2023 will be smaller than those in 2022.

The National Development and Reform Commission will continue to keep a close eye on market trends with relevant departments, and take timely control measures in accordance with the plan to promote the smooth operation of the live pig market.

How to ensure the stability of the prices of important livelihood commodities during the Spring Festival?

  Niu Yubin said that the Spring Festival is an important traditional festival in my country, and it is of great significance to ensure the supply and price stability of important livelihood commodities.

On the basis of previous work, the National Development and Reform Commission, in conjunction with the development and changes of the situation, has recently re-deployed and re-arranged the work of ensuring supply and stabilizing prices during the festival together with relevant departments.

"Judging from the recent scheduling situation, the supply and reserves of important livelihood commodities in various places are sufficient, and the market prices are stable and orderly, which can guarantee the consumption needs of the majority of urban and rural residents during the festival." (China New Finance and Economics)