China's CPI will continue to rise moderately in th

2022-08-10
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In the second quarter, China's CPI will continue to maintain a moderate upward trend

in the second quarter, China's CPI will continue to maintain a moderate upward trend

China Construction machinery information

Guide: in April, consumer prices rose 0.2% month on month and 2.8% year-on-year; The ex factory price of industrial products and the purchase price of raw materials, fuels and power increased by 6.8% and 12% respectively year-on-year. In April, the consumer price, the ex factory price of industrial products and the purchase price of raw materials, fuels and power rose by 2.4% and 5.6% respectively

in April, consumer prices rose 0.2% month on month and 2.8% year on year; The ex factory price of industrial products and the purchase price of raw materials, fuels and power increased by 6.8% and 12% respectively year-on-year. From January to April, the consumer price, the ex factory price of industrial products and the purchase price of raw materials, fuels and power rose by 2.4%, 5.6% and 10.4% respectively, providing the broadest coverage of new technologies and new products, technology transfer, practical solutions and procurement information for the industrial circles in China, Asia, the Middle East and Africa

price performance in January and April

in April, consumer prices rose by 2.8% year-on-year. Among them, the tail curling effect is about 1.5 percentage points, and the new price increase factor is about 1.3 percentage points, both of which have increased by 0.2 percentage points over the previous month, but at the same time, they can also experiment with new technology points in low-yield vehicles outside the mainstream. Among the 1.3 percentage points of the new price rise, the rise in the prices of grain, fresh vegetables and fresh fruits affected a total of 1.1 percentage points, accounting for 84.6% of the total new price rise factors. The price rise of agricultural and sideline products is still the main factor driving up CPI. The eight categories of indices that constitute consumer prices rose by five, fell by two and leveled by one, the same as last month

the consumer price index rose 0.2% month on month. It is mainly affected by the rising prices of some agricultural and sideline products, tourism and housing. Among them, the prices of grain, fresh vegetables, fresh fruits, tourism and housing increased by 1.8%, 0.3%, 3.7%, 3.1% and 0.9% respectively, affecting the overall price level by about 0.3 percentage points

the price changes of specific varieties in April showed the following characteristics:

(I) the prices of some agricultural and sideline products rose more

in April, the average purchase prices of rice, corn and wheat increased by 1.4% month on month. The average retail prices of early indica rice, late indica rice, japonica rice, Fuqiang flour and standard flour in 36 large and medium-sized cities increased by 2.2%, 2.4%, 3.5%, 0.7% and 0.8% month on month respectively. Grain prices continued to rise slightly, which was affected not only by the government's policy of raising the minimum purchase price, but also by factors such as the reduction of Japonica Rice Production in the northeast region last year. Affected by the continuous low temperature and other abnormal weather, the price level of vegetables and fresh fruits was significantly higher than that of the same period last year. According to the monitoring of 36 large and medium-sized cities, the prices of rape and cucumber increased by 39% and 17.8% over the same period last year

(II) the price of domestic means of production rose before falling

the price of industrial means of production rose sharply in early April. On a monthly average, the comprehensive average price of four kinds of steel, the spot price of iron ore in Qingdao port with an Indian production content of 63.5%, the electrolytic copper price of Huatong non ferrous metal spot trading center, and the trading price of power coal market in Qinhuangdao port increased by 9.1%, 19.6%, 2.3% and 6.6% respectively. Affected by factors such as rising prices of major means of production and tail lifting, the prices of means of production in domestic circulation increased by 3.2% month on month and 19.3% year on year; The ex factory price of industrial products and the purchase price of raw materials, fuels and power increased by 6.8% and 12% year-on-year respectively (the effect of tail warping was 4 and 8.2 percentage points respectively), and the increase was expanded compared with last month. The mechanical properties of grade a steel wires should be tested by 0.9 and 0.5 percentage points plate by plate

affected by factors such as the domestic increase in the legal deposit reserve ratio, the strengthening of real estate regulation and control, and the fluctuation of international market prices, steel prices stopped rising and stabilized after the middle of April, and non-ferrous metal prices fell significantly. At the beginning of May, the comprehensive average prices of four kinds of steel, electrolytic copper and electrolytic aluminum fell by 1.5%, 11.5% and 6.4% respectively compared with the middle of April

(III) sharp fluctuations in international market prices

affected by the deterioration of the sovereign debt crisis of European countries, the investigation of fraud cases such as Goldman Sachs by the U.S. government, and the abnormal ups and downs of the New York stock market, the international commodity market prices experienced a process of up and down and substantial fluctuations in April. In mid April, the prices of WTI crude oil futures, electrolytic copper and electrolytic aluminum on the London Metal Exchange fell rapidly after reaching recent highs of 86 yuan/barrel, 7917 dollars/ton and 2440 dollars/ton respectively. Compared with mid April, the decline in early May reached 12.6%, 12.7% and 16.3% respectively

prediction of price trend in the second and second quarters

in the second quarter, with the improvement of weather and supply growth, the prices of fresh vegetables, fresh fruits and other agricultural products will fall. Since May, due to the improved weather, vegetable prices in Beijing, Shenyang, Lanzhou, Chongqing, Wuhan, Nanjing, Hangzhou and other regions have begun to fall sharply. On May 9, the average wholesale price of 25 kinds of vegetables in Beijing fell by 21% from the beginning of May; The average selling price of 14 kinds of vegetables in Jiangsu Province fell by 6%. In addition, the state has increased the supply of grain reserves in the southwest arid areas and Yushu disaster areas; Speed up the auction frequency of grain reserves, which is conducive to stabilizing the market price of grain. It is expected that the new price rise factors will decrease in the second quarter. However, due to the negative CPI in the same period last year and the good development momentum of CPI rise in December (1.9%), the tail raising factor will continue to increase. It is expected that the overall level of household prices will continue to rise slightly in the second quarter. The consumer price index may rise by about 3% in the next two months, and the average increase in the first half of the year will be about 2.5%

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