Consumer prices in March 2021 increased by 0.4% year-on-year and decreased by 0.5% month-on-month
In March 2021, the national consumer prices rose by 0.4% year-on-year. Prices in urban areas rose by 0.5% , and prices in rural areas rose by 0.4% ; food prices fell by 0.7% , non-food prices rose by 0.7% ; consumer goods prices rose by 0.6% , and prices of services rose by 0.2% . In the first quarter, the national consumer prices were the same as the same period last year.
In March , the national consumer prices fell by 0.5% month-on-month. Urban prices fell by 0.5% and prices in rural areas fell by 0.6% ; food prices fell by 3.6% , non-food prices rose by 0.2% ; consumer goods prices fell by 0.8% , and prices of services fell by 0.1%.
Year-on-year changes in prices of various goods and services:
In March , the prices of food, tobacco and alcohol rose by 0.1% year-on-year , affecting the CPI (Consumer Price Index) by about 0.03 percentage points. In food, the price of aquatic products rose by 8.1% , which affected the increase of CPI by about 0.14 %; the price of fresh fruit rose by 4.0% , which affected the increase of CPI by about 0.08 %; the price of eggs rose by 3.4% , which affected the increase of CPI by about 0.02 %; the price of food increased by about 0.02 %. 1.4% , affecting the CPI increase by about 0.02 %; the price of livestock meat fell by 9.1% , affecting the CPI by about 0.40 %, of which the price of pork fell by 18.4% , affecting the CPI by about 0.45 %.
Prices of the other seven categories rose five years, one leveled and one fell year-on-year. Among them, the prices of transportation and communication, education, culture and entertainment, and medical care increased by 2.7% , 0.4% and 0.2% respectively ; the prices of housing and clothing increased by 0.2% and 0.1% respectively ; the prices of daily necessities and services remained the same; the prices of other articles and services decreased by 1.5%.
Source: National Bureau of Statistics, see original press release
Ex-factory prices of industrial producers in March 2021 increased by 4.4% year-on-year and 1.6% month-on-month.
Month-on-Month Producer prices change for various items:
Among the ex-factory prices of industrial producers, the prices of means of production rose by 2.0%, an increase of 0.9 percentage points from the previous month, affecting the overall increase in the ex-factory prices of industrial producers by about 1.52 percentage points. Among them, the price of mining and quarrying industry increased by 1.0%, the price of raw material industry increased by 3.9%, and the price of processing industry increased by 1.3% . The price of means of subsistence rose by 0.2%, affecting the overall level of factory prices for industrial producers to increase by about 0.05 %. Among them, food prices rose by 0.2% , clothing and durable consumer goods prices rose by 0.3% and the prices of general daily necessities remained flat.
Among the purchasing prices of industrial producers, the prices of chemical raw materials rose 4.8% , the prices of non-ferrous metal materials and wires rose 3.8% , the prices of ferrous metal materials rose 3.0%, and the prices of fuel and power rose 1.4% .
|Month -on-Month change ( % )||Year-on-year change ( % )||Jan-Mar. Year-on-year change ( % )|
|1. Ex-factory price of industrial producers||1.6||4.4||2.1|
|Means of production||2.0||5.8||2.8|
|General daily necessities||0.0||0.0||0.0|
|2. Purchase price of industrial producers||1.8||5.2||2.8|
|Fuel and power||1.4||2.7||-1.1|
|Ferrous metal materials||3.0||15.6||12.0|
|Non-ferrous metal materials and wires||3.8||17.3||11.9|
|Chemical raw materials||4.8||7.1||2.0|
|Wood and pulp||2.1||2.5||1.1|
|Building materials and non-metals||-0.4||-1.4||-1.9|
|Other industrial raw materials and semi-finished products||0.5||1.0||0.6|
|Agricultural and sideline products||0.5||6.2||5.5|
|Textile raw materials||1.3||1.4||0.1|
|3. Ex-factory prices of major industries|
|Coal mining and washing industry||-3.1||6.9||8.9|
|Oil and gas extraction industry||9.8||23.7||-3.8|
|Ferrous metal mining and dressing industry||4.4||34.7||28.8|
|Non-ferrous metal mining and dressing industry||1.1||13.3||10.9|
|Non-metallic mining and dressing industry||0.0||0.8||0.9|
|Agricultural and sideline food processing industry||0.2||5.6||5.0|
|Liquor, beverage and refined tea manufacturing||0.3||2.0||1.8|
|Tobacco products industry||0.1||0.4||0.5|
|Textile and Apparel, Apparel Industry||0.3||-0.5||– 1.0|
|Wood processing and wood, bamboo, rattan, palm and grass products industry||0.0||0.1||0.0|
|Paper and Paper Products Industry||2.3||2.3||1.0|
|Printing and recording media reproduction industry||0.5||-0.6||-0.9|
|Petroleum, coal and other fuel processing industries||5.7||13.9||1.0|
|Chemical raw materials and chemical products manufacturing||5.3||11.4||5.5|
|Chemical fiber manufacturing||8.7||10.5||2.1|
|Rubber and plastic products industry||1.1||1.2||-0.1|
|Non-metallic mineral products industry||-0.1||-1.7||-2.2|
|Ferrous metal smelting and rolling processing industry||4.7||21.5||15.1|
|Non-ferrous metal smelting and rolling processing industry||4.5||21.3||14.0|
|Metal products industry||1.2||3.5||2.2|
|General equipment manufacturing||0.4||0.2||0.0|
|Railway, shipbuilding, aerospace and other transportation equipment manufacturing||0.1||0.0||0.1|
|Computer, communications and other electronic equipment manufacturing||0.4||-1.8||-1.9|
|Electricity and heat production and supply industry||0.2||-0.8||-1.3|
|Gas production and supply industry||-1.6||1.8||0.9|
|Water production and supply industry||0.0||0.9||0.5|
Source: National Bureau of Statistics. Cf. original press release.