source: China new network reporter Li Jinlei
data released by the National Bureau of Statistics today showed that CPI rose 1.5% in May, up 3 months in a row. Expand。 Reporters found that the prices of pork, vegetables and eggs continued to decline in May, so did you buy less money?
CPI chart.
from the National Bureau of statistics in May CPI year-on-year increases continued to expand the data show that in April, CPI returns to the "1 era", May CPI increase continued to expand. Reporters noted that the CPI increase has been expanding for 3 consecutive months. Zhao Xijun, vice president of the school of Finance and finance, Renmin University of China, said to China new network reporter that although the price increase has expanded, from the absolute level, 1.5% of the increase is still at a low level, indicating that prices remain stable. For the reasons for the increase in price increases, Zhao Xijun analysis, influenced by seasonal factors and increase in supply, reduced food prices and increased price increases, mainly affected by the rise of non food prices and the rise of the tail. Specifically, food prices fell by 1.6% in May, affecting CPI by about 0.32 percentage points. Non food prices rose by 2.3%, affecting CPI's rise of about 1.84 percentage points. In the 1.5% year-on-year increase in May, the tail factor of price change last year was about 1 percentage points, an increase of 0.4 percentage points from last month.
China News Network reporter Li Jinlei photo
people in the supermarket to buy vegetables.