Retailing, Franchising, and Consumerism Business Intelligence in China


China's Consumer Price Index Expands In July

The National Bureau of Statistics of China says the consumer price index in July rose by 5.6 percent over the same period of the previous year.

Of that figure, urban area and rural area was up by 5.3 percent and 6.3 percent respectively; the price of foodstuff, non-foodstuff, consumable and services expanded 15.4, 0.9, 6.9 and 1.6 percent respectively. Compared with June, CPI increased 0.9 percent.

The price of tobacco, liquor and articles jumped by 1.8 percent over the same period of the previous year. Of which, the price of tobacco and liquor rose 0.9 and 3.6 percent, respectively. The price of clothing was down by 0.6 percent year-on-year. Of which, the price of garments dropped 0.6 percent.

The price of household facilities, articles, and maintenance services rose by1.7 percent year-on-year. Of which, the price of durable consumer goods rose by1.3 percent, and that of household services and manufacturing upkeep surging 6.6 percent.

The price of health care and personal articles increased 2.2 percent year-on-year. Of which, the price of western medicines decreased 0.9 percent; that of traditional Chinese medicinal materials and medicines was up by 10.0 percent; and that of health care services shot up by 2.3 percent.

The price of transportation and communication dropped 1.3 percent. Of which, the price of transportation facility dropped 2.3 percent; that of fuels and spares decreased 1.4 percent; that of using and upkeep fare rose by 2.1 percent; that of intercity traffic fare rose by 2.7 percent; that of urban traffic fare increased 0.7 percent; and that of communication facility fell 18.2 percent.

From January to July, the general level of CPI increased 3.5 percent, year-on-year.



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