New developments in 2 important indices

Statistics show that China's consumer price index rose 0.3% Month-on-month, the CPI fell 1.1%. Based on the analysis of these two data, we can know that the current economy is still in the lower stage.

The Consumer Price index (CPI) is a macroeconomic indicator that reflects the change in the price level of consumer goods and services generally purchased by residents in a region. It is a relative number that measures the price index of a representative group of consumer goods and services over time, in order to reflect the change in the price level of consumer goods and services purchased by households. Producer price Index (PPI) refers to a set of factory products wholesale price changes, the main purpose is to measure the prices of various commodities at different stages of production changes in the situation.

Statistics released by the National Bureau of Statistics show that in January 2015, the National Consumer Price index (CPI) overall level rose 0.3%, up 0.8% yoy. Among them, the food price index rose 1.1%, the non-food price index rose 0.6%, the urban consumer price index rose 0.8%, the rural consumer price index rose 0.6%; the consumer price index rose 0.5%, and the service price index rose 1.3%.

In January 2015, the Factory price index (PPI) of the national industrial producers fell by 4.3% year-on-month, down 1.1%. Industrial producers ' purchase price index fell 5.2% year-on-month, down 1.3%. In the factory price of industrial producers, the price of the means of production fell by 5.6% from a year earlier, affecting the total factory price of the national industrial producers fell by about 4.3%.

Based on the 13 of international oil prices in the previous period and the volatility in the price range of bulk raw materials, in January this year, some of the major domestic production price index fell deeper. Oil processing, ferrous metal smelting and calendering processing, petroleum and natural gas, chemical raw materials and chemicals manufacturing factory prices of four industrial industrial products were down 22.7%, 11.5%, 32.9% and 6.7%, respectively, affecting the industrial production of this month's total factory price drop of about 0.9, 0.9, 0.5 and 0.5%, the total affects about 2.8%, accounting for about 65% of the total decline.

Consumer price index rose 1.1% from a year earlier, down 1.8% from the previous month, affecting consumer price index fell 0.58% per cent, about the consumer price index fell 80%.

The consumer price index in January fell 0.7% from a year earlier, mainly due to climate factors that led to lower prices for fresh vegetables. January The national average temperature is higher than the year over 1.9 ℃, affected by the price of fresh vegetables from the rise and fall, from last December rose 7.2% to January down 0.6%. In addition, the prices of fresh fruit and aquatic products have also fallen in the year. The total of these three categories of food affects the CPI rise by about 0.43%. Second, the price of petrol and diesel fell by 7.1 and 7.3% respectively from the previous month, leading to a fall of about 0.07% per cent, as a result of the continued decline in international crude prices in the earlier period.

(Source: China index net)

New developments in 2 important indices