Consumer Prices for November 2013
By CnAgri
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In November, the consumer price index (CPI) went up by 3.0 percent year-on-year. The prices grew by 3.0 percent in cities and 3.1 percent in rural areas. The food prices went up by 5.9 percent, while the non-food prices increased by 1.6 percent. The prices of consumer goods went up by 2.9 percent and the prices of services grew by 3.3 percent. On average from January to November, the overall consumer prices were up by 2.6 percent over the same period of the previous year.
In November, the month-on-month change of consumer prices was down by 0.1 percent, of which, prices decreased 0.1 percent in cities, and remained at the same level (the amount of change was 0, similarly hereinafter) in rural areas. The food prices went down by 0.2 percent, the non-food prices remained at the same level. The prices of consumer goods remained at the same level, and the prices of services decreased 0.2 percent.
I. Year-on-Year Changes of Prices of Different Categories
In November, food prices went up by 5.9 percent year-on-year, affecting nearly 1.92 percentage points increase in the overall price level. Of which, the prices of fresh vegetables went up by 22.3 percent, affecting nearly 0.59 percentage points increase in the overall price level; meat, poultry and related products went up by 5.5 percent, affecting nearly 0.41 percentage points increase in the overall price level (price of pork was up by 5.0 percent, affecting nearly 0.16 percentage points increase in the overall price level); fresh fruits, up by 10.6 percent, affecting nearly 0.20 percentage points increase in the overall price level; aquatic products, up by 6.5 percent, affecting nearly 0.16 percentage points increase in the overall price level; grain, up by 4.0 percent, affecting nearly 0.12 percentage points increase in the overall price level.
Prices for tobacco and liquor went down by 0.2 percent year-on-year. Of which, that of liquor was down by 0.9 percent, and that of tobacco was up by 0.3 percent.
Prices for clothing rose by 2.0 percent year-on-year. The prices for clothes went up by 2.1 percent while the prices for shoes increased 1.4 percent.
Prices for household facilities, articles and maintenance services went up by 1.3 percent year-on-year, of which, prices for household services and processing, maintenance services, up by 7.8 percent and durable consumer goods up by 0.4 percent.
Prices for health care and personal articles grew by 1.0 percent year-on-year. Of which, prices for traditional Chinese herbal medicines and proprietary Chinese medicines, up by 4.3 percent, health care services, up by 1.3 percent, medical apparatus and supplies increased 0.4 percent, and western medicine increased 0.3 percent.
Prices for transportation and communication decreased 0.5 percent year-on-year. Of which, prices for communication facilities went down by 6.2 percent, fuels and parts for vehicles, down by 2.0 percent, transportation facilities, down by 1.3 percent, vehicles use and maintenance, up by 3.1 percent.
Prices for recreation, education, culture articles and services grew by 2.8 percent year-on-year. Of which, prices for touring and outing went up by 11.1 percent, education service, up by 2.8 percent, recreation and culture, up by 2.1 percent, durable consumer goods for recreational and cultural use and services, down by 3.3 percent.
Prices for residence went up by 2.6 percent year-on-year. Of which, prices for house renting, up by 4.7 percent, building and building decoration materials, up by 1.6 percent, water, electricity and fuel, up by 0.5 percent.
According to estimation, in the 3.0 percent growth in November, the carryover effect of last year’s prices rising accounted for 0.7 percentage points, while new prices rising factors in this year accounted for 2.3 percentage points.
II. Month-on-Month Changes of Prices of Different Categories
In November, food prices went down by 0.2 percent month-on-month. Of which, prices for fresh vegetables decreased 3.8 percent, affecting nearly 0.12 percentage points decrease in the overall price level. Prices of eggs, pork and aquatic products were down by 1.4, 0.5, and 0.4 percent respectively, affecting nearly 0.04 percentage points decrease in the overall price level in total. Prices of fresh fruits and grain increased 0.5 and 0.4 percent respectively, affecting nearly 0.02 percentage points increase in the overall price level in total.
Non-food prices remained at the same level month-on-month. Of which, the month-on-month prices for clothing, residence, household facilities, articles and maintenance services, tobacco and liquor, health care and personal articles increased 0.6, 0.2, 0.1, 0.1 and 0.1 percent respectively, that of recreation, education, culture articles and services, transportation and communication decreased 0.6 and 0.2 percent respectively.
