China News Service, Beijing, February 8 (Reporter Chen Hang) Data released by the Beijing Survey Team of the National Bureau of Statistics on the 8th showed that in January this year, Beijing’s consumer price index (CPI) fell by 0.4% year-on-year, and the decline was 0.4% higher than that of the previous month. narrower by 0.1 percentage points. This is the third consecutive month of negative growth in Beijing’s CPI year-on-year since November 2023.
In January this year, the year-on-year decline in Beijing’s CPI narrowed. Food prices fell by 7.8% year-on-year, and the decline expanded by 1.9 percentage points from the previous month, affecting the CPI to fall by approximately 1.20 percentage points. The prices of pork, fresh vegetables and eggs fell by 19.9%, 15.7% and 7.6% respectively year-on-year, which collectively affected the CPI by about 0.55 percentage points; the prices of beef, mutton, poultry, aquatic products and fresh fruits fell between 4.6% and 10.0% year-on-year. .
In January this year, Beijing’s CPI increased by 0.5% month-on-month, an increase of 0.4 percentage points larger than the previous month. Food prices increased by 0.2% month-on-month, 2.1 percentage points lower than the previous month, affecting the CPI increase by about 0.04 percentage points. In food, affected by the weather in Beijing, the main vegetable producing area, the price of fresh vegetables increased by 8.6% month-on-month; the demand for some fresh foods increased before the Spring Festival, and the prices of aquatic products and pork increased by 0.8% and 0.2% month-on-month respectively; the market for fresh fruits, eggs and poultry meat Supply is sufficient, and prices fell by 2.2%, 1.3% and 0.9% month-on-month respectively.
In response to the price trend of vegetables, meat and eggs, the Beijing Digital Agriculture and Rural Promotion Center stated that in January this year, Beijing’s main vegetable basket product market was well supplied, with prices lower than the previous year and lower than the same period in the past three years. As the current low temperature and cold wave weather continues in some areas, which has a greater impact on vegetable production and circulation, vegetable prices in Beijing are expected to run at a high level in February this year; pork prices are expected to fall mainly after the Spring Festival; and the loose supply and demand situation for eggs is expected to continue.
Data released that day also showed that in January this year, Beijing’s industrial producer prices fell by 0.7% year-on-year and 0.2% month-on-month; the purchasing prices of industrial producers fell by 1.0% year-on-year and 0.6% month-on-month. (over)