CCTV News: Data released by the National Bureau of Statistics on April 10 showed that in March, the year-on-year decline of my country's consumer price index CPI narrowed significantly, and the core CPI deducted from food and energy rebounded significantly.
In March, the consumer price index CPI fell by 0.4% month-on-month and 0.1% year-on-year, a decrease of 0.6 percentage points from the previous month. As policy effects such as boosting consumer demand gradually emerge, coupled with the decline in the influence of the Spring Festival's mismatch, there have been obvious positive changes in more aspects. The core CPI, excluding food and energy prices, has rebounded significantly, and turned from a decrease last month to an increase of 0.5% year-on-year. Among them, service prices turned from a decrease of 0.3% year-on-year to a rise of 0.3%, and industrial consumer goods prices excluding energy rose by 0.5% year-on-year, an increase of 0.5% year-on-year, an increase of last month.
He Xiaoying, deputy director of the Analysis and Forecasting Department of the Price Monitoring Center of the National Development and Reform Commission: In food, the prices of pork and fruits rose slightly year-on-year, while in non-foods, the prices of clothing, daily necessities and services, education, entertainment, and health care all rose to varying degrees. Driven by policies related to boosting consumption, sales of key products are strong, and the price of automobiles and home appliances has also narrowed compared with the same period last year.
In March, the industrial producer price index PPI decreased to varying degrees on the month-on-month and year-on-year, which was mainly affected by seasonal and international imported factors. At the same time, with the rapid development of my country's high-tech industries and policies such as promoting consumption and equipment renewal have shown results, the supply and demand structure of some industries has improved, and prices have shown positive changes.
He Xiaoying, Deputy Director of the Analysis and Forecasting Department of the Price Monitoring Center of the National Development and Reform Commission: The ex-factory prices of products in some key industries have increased. The ex-factory prices of products in the mining and dressing of non-ferrous metals such as copper and aluminum have increased significantly year-on-year, and the ex-factory prices of products in the manufacturing industry in the cultural, sports and entertainment products have also increased year-on-year.
