In April 2024, national consumer prices rose 0.3% year on year. Among them, cities rose 0.3%, rural areas rose 0.4%; food prices fell 2.7%, non-food prices rose 0.9%; consumer goods prices remained flat, and service prices rose 0.8%. On average from January to April, national consumer prices rose 0.1% over the same period last year.
Finance Association, May 11. According to the website of the National Bureau of Statistics, consumer prices across the country rose 0.3% year on year in April 2024. Among them, cities rose 0.3%, rural areas rose 0.4%; food prices fell 2.7%, non-food prices rose 0.9%; consumer goods prices remained flat, and service prices rose 0.8%. On average from January to April, national consumer prices rose 0.1% over the same period last year.
In April, consumer prices across the country rose 0.1% month-on-month. Among them, cities rose 0.1%, while rural areas remained flat; food prices fell 1.0%, non-food prices rose 0.3%; consumer goods prices fell 0.1%, and service prices rose 0.3%.
I. Year-on-year changes in prices of various goods and services
In April, food, tobacco and alcohol prices fell 1.4% year on year, affecting the CPI (Consumer Price Index) decline by about 0.39 percent. Among food products, egg prices fell 10.6%, affecting the CPI decline by about 0.07 percent; fresh fruit prices fell 9.7%, affecting the CPI decline by about 0.22 percent; livestock and meat prices fell by 3.2%, affecting the CPI decline by about 0.10 percent. Among them, pork prices rose 1.4%, which affected the CPI increase by about 0.02 percent; fresh vegetable prices rose 1.3%, affecting the CPI increase by about 0.03 percent; food prices rose 0.5%, affecting the CPI increase by about 0.01 percent.
Prices in the other seven categories all increased year over year. Among them, the prices of other goods and services, education, culture and entertainment increased by 3.8% and 1.8% respectively, the prices of clothing and medical care all increased by 1.6%, and the prices of daily necessities and services, housing, transportation and communication increased by 1.4%, 0.2% and 0.1%, respectively.
II. Month-on-month changes in prices of various goods and services
In April, food, tobacco and alcohol prices fell 0.7% month-on-month, affecting the CPI decline by about 0.19 percent. Among food products, the price of fresh vegetables fell by 3.7%, affecting the CPI decline by about 0.08 percentage points; the price of fresh fruit fell 2.0%, affecting the CPI drop by about 0.04 percentage points; the price of eggs fell 2.0%, affecting the CPI decline by about 0.01 percentage points; the price of livestock and meat fell 0.8%, affecting the CPI decline by about 0.02 percentage points; and the price of aquatic products fell by 0.5%, affecting the CPI decline by about 0.01 percentage points.
Prices in the other seven categories rose, flat, and fell from the fifth to the fifth. Among them, prices of other goods and services, transportation and communication increased by 2.0% and 1.0%, respectively; prices of education, culture and entertainment, daily necessities and services, and health care increased by 0.5%, 0.4%, and 0.2%, respectively; housing prices remained flat; and clothing prices decreased by 0.1%.
Main consumer price data for April 2024
