CPI rose 2.2% year-on-year in the 1st quarter

The National Bureau of Statistics recently released the national economic operation that the Consumer Price Index (CPI) rose year-on-year, with the prices of production rising rapidly. In the first quarter, CPI rose 2.2% from a year earlier, of which the CPI in the cities rose 2.1% and that in the rural areas 2.4%.

In terms of category, among eight big categories of commodities, prices of four categories of commodities rose while that of the rest fell: price of food rose 5.1%, liquor and tobacco and necessities 1.6%, medical care and individual products 2.4% and housing price 2.9% while price of clothing fell 0.9%, household devices and maintenance service 0.9%, transportation and communication 0.1% and commodities of entertainment, education and culture and service 0.1%.

From a month earlier, the CPI in March declined 0.7%. In the first quarter, the PPI rose 5.2% year-on-year while it rose 0.5% in March from a month earlier. In the first quarter, the PPIRM rose 9.9% year-on-year.