China ’s national resident consumer price index in December last year (China last December (national resident consumer price index (national resident consumer price index (national residents last December (CPI) decreased by 0.3%year -on -year, and the industrial producer's factory price index (PPI) also fell 2.7%year -on -year, showing that the Chinese economic recovery was difficult to get rid of the pressure of shrinkage.
The data released by the National Bureau of Statistics of China on Friday (January 12) shows that the national CPI nationwide decreased by 0.3%year -on -year in December last year, which has been narrowing year -on -year, but it has declined for three consecutive months.The year -on -year increased by 0.2%, which was lower than the official setting annual growth of 3%.
Bloomberg said that this is the longest continuous decline in China's CPI data since October 2009.
Dong Lijuan, chief statistician of the Urban Division of the National Bureau of Statistics of China, explained that in December, it was affected by factors such as the cold wave weather and the increase in consumer demand before the holiday.The core CPI of energy prices rose 0.6%year -on -year, and the increase remained stable.
Data show that the decline in the price decline of food tobacco and alcohol and animal meat in December affects the most CPI index.15.9%, affecting the decrease of CPI by about 0.56 percentage points.
On the other hand, China's PPI fell 2.7%in December in December, a narrowing of 3%in November, but it has fallen for 15 consecutive months; PPIs have fallen by 3%year -on -year.
Dong Lijuan analyzed that in December, affected by factors such as the continued downside of international oil prices and insufficient demand for some industrial products, the national PPI declined from the previous month and narrowed year -on -year.
Data show that in the main industries, the prices of non -metal mineral products, black metal smelting and pressure -delay industrial prices decreased by 7.9%and 1.9%, respectively; chemical raw materials and chemical products manufacturing, petroleum coal and other fuel plusThe price of industrial, oil and natural gas mining industry decreased between 1.6%and 6.3%; the price of coal mining and washing industry decreased by 16.5%, an increase of 0.7 percentage points; electrical machinery and equipment manufacturing, computer communication and other electronic equipment manufacturing industriesThe price decreased by 4.3%and 3.9%, respectively, and the decrease of 0.3 and 0.4 percentage points, respectively.
