National Bureau of Statistics: CPI in the first half of the year rose by 1.7% year-on-year, a moderate increase

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 Titanium Media App reported on July 15 that the State Council Information Office held a press conference this morning. Fu Linghui, spokesperson of the National Bureau of Statistics and director of the National Economic Comprehensive Statistics Department, introduced the operation of the national economy in the first half of 2022. In the first half of the year, the national consumer price (CPI) rose by 1.7% year-on-year. In terms of categories, the prices of food, tobacco and alcohol increased by 0.4% year-on-year, clothing prices increased by 0.5%, housing prices increased by 1.2%, daily necessities and services prices increased by 1.0%, transportation and communication prices increased by 6.3%, education, culture and entertainment prices increased by 2.3%, medical Health care prices rose 0.7 percent, while other uses and services rose 1.2 percent. Among the prices of food, tobacco and alcohol, pork prices fell by 33.2%, grain prices rose by 2.4%, fresh fruit prices rose by 12.0%, and fresh vegetables prices rose by 8.0%. The core CPI, which excludes food and energy prices, rose 1.0%. In the second quarter, the national consumer price rose by 2.3% year-on-year. Among them, the consumer price in April and May both increased by 2.1% year-on-year; in June, it increased by 2.5% year-on-year, which was flat month-on-month. In the first half of the year, the ex-factory price of industrial producers nationwide rose by 7.7% year-on-year, and in the second quarter, it rose by 6.8% year-on-year. Among them, April and May increased by 8.0% and 6.4% year-on-year respectively; in June, it increased by 6.1% year-on-year, which was unchanged from the previous month. In the first half of the year, the purchase price of industrial producers nationwide rose by 10.4% year-on-year, and in the second quarter, it rose by 9.5% year-on-year. Among them, April and May increased by 10.8% and 9.1% year-on-year respectively; in June, it increased by 8.5% year-on-year and 0.2% month-on-month.

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