(Beijing Comprehensive News) Affected by the rise in pork prices, the increase in consumer prices in June in China was higher than expected, an increase of 2.5 % year -on -year, the highest increase in the past two years.However, the analysis believes that the continuous "dynamic zero" measures are expected to continue to curb the needs of Chinese consumers.

The production and export price rose 6.1 % inflation and external pressure materials continued

The data released by the National Bureau of Statistics of China yesterday showed that the consumer prices (CPI) nationwide in June rose 2.5 % year -on -year, an increase of 0.4 percentage points higher than the 2.1 % increase in May; the month -on -month was the same as in May.From January to June this year, the average consumption price of Chinese residents rose 1.7 % compared with the same period last year.

In addition, in June, the national industrial producers' ex -factory prices (PPI) rose 6.1 %, which was higher than the medium value expected by Bloomberg survey Chinese economists, but 0.3 percentage points lower than 6.4 % in May.

Bloomberg pointed out that in the case of rising pork and energy prices, China's consumer prices rose accelerated, but inflation is unlikely to become a crisis like the Western Central Bank for the Central Bank of China; Chinese consumersThe demand is still limited due to strict epidemic prevention policies and sporadic epidemic conditions.Chinese officials have also taken action recently to regulate rising pork prices.The National Development and Reform Commission stated on the 5th that it was studying the launch of the launch of the central pork reserves and guiding the localities to jointly put into timely to put the reserves in a timely manner.

Minsheng Bank economist Wen Bin and Ying Xi pointed out in a report yesterday that China will continue to face the situation of coexisting structural inflation pressure and external input pressure in the future.

The

Report pointed out that international energy prices remain high, and the Russian -Ukraine conflict has led to a certain threat to Chinese food crisis. Energy and food are the upstream of inflation, and the conduction effect on overall inflation cannot be ignored.

The

Report predicts that China's CPI in the second half of this year will rise mildly, and the probability of breaking 3 % in some months (September and December) will be greater, but the average level of the year will still be controlled within the policy goal.According to the 2022 government work report released in March this year, the expected target of residents' consumer prices increase is about 3 %.