Province’s consumer price index up 0.3% in Feb

2021年03月12日 16:05:14 | 来源:ourjiangsu.com

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The consumer price index, a main gauge of inflation, rose by 0.3 percent year-on-year last month in Jiangsu, the Provincial Bureau of Statistics said on Wednesday.

The price of food, tobacco and alcohol, which carries the largest weight, rose by 1.5% due to festive factors, while the price of non-food remained unchanged.

The prices of freshwater fish and egg rose by 7.4% and 7.2% due to the holiday factors and rising transportation costs.

The price of pork fell by 13.5%, a continuous decline of 10.5 percentage points from the previous month.

The prices of liquor rose by 1.3% while the expenditure on communications fell by 2% month on month.

China's consumer price index, a main gauge of inflation, dropped by 0.2 percent year-on-year last month, versus a 0.3 percent decline in January, the National Bureau of Statistics said on Wednesday.

The decline in CPI narrowed as non-food prices fell slower amid growing demand for cultural and entertainment services during the Spring Festival holiday and rising global oil prices, the NBS said.

The prices of commodities other than food dropped by 0.2 percent year on year in February, which stands for a 0.8 percent decline from January. 

Food prices dropped by 0.2 percent year-on-year last month, versus a 1.6 percent rise in January, as pork prices declined by 14.9 percent from a high comparison base last year amid a continuous recovery in pork production, the bureau said. 

The growth in core CPI, which excludes food and energy prices, came in at zero last month, up from a 0.3 percent decline in the previous month. 

The country's producer price index, which gauges factory-gate prices, rose by 1.7 percent year-on-year in February, up from 0.3 percent a month earlier, as global commodity prices continued to rise while domestic demand recovered, the NBS said. 

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