Province’s CPI up 2.3 percent in July

2020年09月11日 11:08:56 | 来源:ourjiangsu.com

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The province’s consumer price index, the main gauge of inflation, was up 2.3% in August, the lowest growth in this year since January, the provincial survey team of the national bureau of statistics said on Thursday.

In August, the CPI in Jiangsu rose by 2.3% year-on-year, down 0.4 percentage points from the previous month, the lowest growth this year since January.

The price of food, tobacco and alcohol, which carries the largest weight, rose by 10.6%, while the price of non-food, tobacco and alcohol fell by 1%.

The price of pork rose by 59.4% month on month, while prices of fresh melons, fruits and eggs fell by 18.2% and 15.5% year-on-year.

The expenditure on transportation and communications fell 4.7% month on month.

China's consumer price index, a main gauge of inflation, grew 2.4 percent year-on-year in August, down from 2.7 percent in the previous month, the National Bureau of Statistics said on Wednesday. 

The CPI growth moderated as food prices rose slowly, with the year-on-year growth in pork prices sharply down 33.1 percentage points from a month earlier to 52.6 percent in August due to a high base last year, the NBS said.

The rise in non-food prices, meanwhile, sped up last month as the summer vacation boosted the demand for travel. The month-on-month growth in non-food prices rose by 0.1 percent in August, the first time for the reading to turn positive after the COVID-19 outbreak, the bureau said. 

The core CPI, which excludes food and energy prices, rose 0.5 percent year-on-year last month, the same as July. 

The NBS also reported the country's producer price index, which gauges factory-gate prices, fell 2 percent year-on-year in August, versus a 2.4 percent decline a month earlier.

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