Consumer Price Index for April 2024

Consumer Price Index for April 2024

National Bureau of Statistics of China 2024-05-12 09:30 Print| Large| Medium| Small

In April 2024, the national consumer price index (CPI) increased by 0.3 percent year on year. Among them, the price in urban areas increased by 0.3 percent and the price in rural areas increased by 0.4 percent; the price for food decreased by 2.7 percent, while for nonfood increased by 0.9 percent; prices for consumer goods were flat and for services increased by 0.8 percent. From January to April, on average, the national CPI increased by 0.1 percent over the same period last year.

In April, the national CPI increased by 0.1 percent month on month. Among them, the price in urban areas increased by 0.1 percent and the price in rural areas was flat; the price for food decreased by 1.0 percent, while for nonfood increased by 0.3 percent; prices for consumer goods decreased by 0.1 percent and for services increased by 0.3 percent.

I. Year-on-Year Changes of Prices for Different Categories

In April, prices for food, tobacco and liquor decreased by 1.4 percent year on year, affecting the CPI decreased by about 0.39 percentage point. Among food categories, prices for eggs decreased by 10.6 percent, affecting the CPI decreased by about 0.07 percentage point; prices for fresh fruits decreased by 9.7 percent, affecting the CPI decreased by about 0.22 percentage point; the price for meat of livestock decreased by 3.2 percent, affecting the CPI decreased by about 0.10 percentage point, of which the price for pork increased by 1.4 percent, affecting the CPI increased by about 0.02 percentage point; prices for fresh vegetables increased by 1.3 percent, affecting the CPI increased by about 0.03 percentage point; and the price for grain increased by 0.5 percent, affecting the CPI increased by about 0.01 percentage point.

Prices for all other seven major categories increased year on year. Among them, prices for miscellaneous goods and services, and education, culture and recreation increased by 3.8 and 1.8 percent respectively; prices for both clothing, and health care and medical services increased by 1.6 percent; prices for household facilities, articles and services, residence, and transportation and telecommunication increased by 1.4, 0.2 and 0.1 percent respectively.

II. Month-on-Month Changes of Prices for Different Categories

In April, prices for food, tobacco and liquor decreased by 0.7 percent month on month, affecting the CPI decreased by about 0.19 percentage point. Among food categories, prices for fresh vegetables decreased by 3.7 percent, affecting the CPI decreased by about 0.08 percentage point; prices for fresh fruits decreased by 2.0 percent, affecting the CPI decreased by about 0.04 percentage point; prices for eggs decreased by 2.0 percent, affecting the CPI decreased by about 0.01 percentage point; the price for meat of livestock decreased by 0.8 percent, affecting the CPI decreased by about 0.02 percentage point; prices for aquatic products decreased by 0.5 percent, affecting the CPI decreased by about 0.01 percentage point.

Prices for other seven major categories increased five, leveled one and decreased one month on month. Among them, prices for miscellaneous goods and services, and transportation and telecommunication increased by 2.0 and 1.0 percent respectively; prices for education, culture and recreation, household facilities, articles and services, and health care and medical services increased by 0.5, 0.4 and 0.2 percent respectively; the price for residence was flat; and the price for clothing decreased by 0.1 percent.

Consumer Price Index in April 2024

Growth Rate M/M

(%)

Growth Rate Y/Y

(%)

Jan-Apr

Growth Rate Y/Y (%)

Consumer Price Index 0.1 0.3 0.1
Of which: Urban 0.1 0.3 0.1
Rural 0.0 0.4 0.0
Of which: Food -1.0 -2.7 -3.1
Non-food 0.3 0.9 0.8
Of which: Consumer goods -0.1 0.0 -0.6
Services 0.3 0.8 1.0
Of which: Excluding food and energy 0.2 0.7 0.7
By commodity categories
I. Food, tobacco and liquor -0.7 -1.4 -1.6
Grain -0.2 0.5 0.5
Edible oil and fats -0.4 -5.3 -5.3
Fresh vegetables -3.7 1.3 -2.7
Meat of livestock -0.8 -3.2 -5.6
Of which: Pork 0.0 1.4 -5.1
Beef -2.7 -10.4 -8.4
Mutton -1.3 -6.8 -5.7
Aquatic products -0.5 0.2 0.5
Eggs -2.0 -10.6 -7.7
Milk and other dairy products -0.5 -1.8 -1.3
Fresh fruits -2.0 -9.7 -7.9
Cigarettes 0.1 1.2 1.2
Liquor 0.1 -1.0 -0.9
II. Clothing -0.1 1.6 1.6
Garments -0.1 1.8 1.7
Footwear -0.1 0.8 1.1
III. Residence 0.0 0.2 0.2
Rent of rental housing -0.1 -0.1 0.0
Water, electricity and fuels 0.0 0.6 0.4
IV. Household facilities, articles and services 0.4 1.4 1.0
Home appliances -0.1 -0.3 -0.4
Household services 0.0 1.7 1.9
V. Transportation and telecommunication 1.0 0.1 -1.0
Transport facility -0.6 -4.3 -5.0
Fuels for transport facility 2.9 6.9 2.4
Use and maintenance of transport facility -0.1 0.3 0.6
Communication facilities -0.9 -2.9 -2.3
Telecommunication services 0.0 -0.4 -0.4
Postal services 0.0 -0.3 -0.3
VI. Education, culture and recreation 0.5 1.8 2.2
Education services 0.0 1.7 1.7
Touring 2.7 4.1 8.6
VII. Health care and medical services 0.2 1.6 1.4
Traditional Chinese medicines 0.3 5.4 5.7
Western medicines -0.2 -0.7 -0.5
Medical services 0.3 1.9 1.6
VIII. Miscellaneous goods and services 2.0 3.8 3.1

Annotations:

1. Explanatory Notes

The consumer price index (CPI) is a relative number that measures changes in the price level of consumer goods and services over time, and comprehensively reflects changes in the price levels of consumer goods and services purchased by residents.

2. Statistical Coverage

The consumer price index (CPI) covers the prices of goods and services of 8 categories and 268 basic divisions which cover the living consumption of urban and rural residents, including food, tobacco and liquor; clothing; residence; household facilities, articles and services; transportation and telecommunication; education, culture and recreation; health care and medical services; miscellaneous goods and services.

3. Survey Methods

Sampling survey methodology is adopted to select and determine survey sites, and according to the principle of "fixed person, fixed point and fixed time", statisticians are directly sent to the survey sites or collect the original price from the Internet. The data comes from about 500 cities and counties in 31 provinces (autonomous regions and municipalities) and nearly 100,000 price survey points, including shopping malls (stores), supermarkets, farmers' markets, service outlets and internet e-commerce.

4. Data Description

Due to rounding-off, the aggregate data may be equal to the high or low value of the classified data.


Zařazenone 12.05.2024 11:05:00
ZdrojStatistics of China
Originálstats.gov.cn/english/PressRelease/202405/t20240516_1955711.html
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