January CPI increased by 4.5% year-on-year
Release Time:
2012-03-01 18:22
Source:
Information Weekly Report
On February 9, the National Bureau of Statistics released the first CPI data of 2012: In January, the national consumer price index rose by 4.5% year-on-year, with a slight rebound compared to the previous month. Among them, due to the impact of New Year's Day and the Spring Festival, the rise in food prices was the main driver of the year-on-year increase in the overall CPI level, affecting about 3.29 percentage points. The carry-over effect from last year's price increases contributed about 3.0 percentage points, and new price increase factors about 1.5 percentage points. The month-on-month increase in the consumer price index in January reached 1.5%.
Statistical data show: In January 2012, the overall national consumer price level rose by 4.5% year-on-year in urban areas and 4.6% in rural areas; food prices rose by 10.5%, non-food prices rose by 1.8%; consumer goods prices rose by 5.5%, and service prices rose by 2.2%. The overall national consumer price level rose by 1.5% month-on-month. Among them, urban areas rose by 1.5%, rural areas rose by 1.5%; food prices rose by 4.2%, non-food prices rose by 0.2%; consumer goods prices rose by 1.8%, and service prices rose by 0.8%.
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