National Bureau of Statistics: PPI of chemical raw materials and chemical products manufacturing industry decreased by 4.3% in January

On January 10, the National Bureau of statistics released the data of CPI and PPI in January 2020 In this regard, Dong Lijuan, Senior Statistician of the city Department of the National Bureau of statistics, has interpreted Novel coronavirus (CPI) has increased from the flat to the same month, and the year-on-year increase has been expanded from the link to the CPI The level of CPI has changed from last month to 1.4%, mainly due to the epidemic factors of pneumonia caused by the Spring Festival and new coronavirus infection Among them, food prices decreased by 0.4% in the previous month to increase by 4.4%, which affected CPI to increase by about 0.96%; non food prices increased by 0.6%, which increased by 0.5% compared with the previous month, and affected CPI to increase by about 0.43% Among the foods, the prices of fresh vegetables and pork rose by 15.3% and 8.5% respectively, while the prices of fresh fruits and aquatic products rose by 5.5% and 4.5% respectively The supply of eggs, chicken and duck is sufficient, and the prices are down 3.7%, 1.7% and 1.0% respectively Among the non food products, due to the impact of the return of urban migrant workers before the Spring Festival, some service prices rose significantly, including hairdressing, housekeeping services, vehicle repair and maintenance prices increased by 5.2%, 4.7% and 4.6% respectively Gasoline and diesel prices rose 2.7% and 3.0% respectively due to the price adjustment of refined oil in the early stage From a year-on-year perspective, CPI rose 5.4%, 0.9 percentage points higher than last month The novel coronavirus pneumonia has been affected by the year-on-year increase, and there are also factors that affect the epidemic situation Among them, food prices rose by 20.6%, with an increase of 3.2 percentage points, affecting CPI growth of about 4.10 percentage points; non food prices rose by 1.6%, with an increase of 0.3 percentage points, affecting CPI growth of about 1.29 percentage points In food, the price of fresh fruit decreased by 5.0% for four consecutive months; the price of egg increased by 2.8%, and the increase dropped by 4.5%; the price of beef, mutton, chicken and duck increased by 10.4% - 20.2%, all of which dropped to varying degrees; the price of pork increased by 116.0%; the price of fresh vegetables increased by 17.1% Among non food products, the prices of health care, education, culture and entertainment, transportation and communication rose by 2.3%, 2.2% and 0.9% respectively The core CPI excluding food and energy prices rose 1.5% year on year, 0.1 percentage point higher than last month It is estimated that in the 5.4% year-on-year increase in January, the tail raising impact of last year's price change is about 4.0 percentage points, and the impact of new price increase is about 1.4 percentage points In January, CPI in Hubei Province rose 1.5% month on month, up 5.5% year on year, which is roughly the same as that of the whole country, reflecting the positive results of the work of ensuring supply and price stability in the local market with the support of relevant parties 2、 PPI was flat on a month on month basis, from a year-on-year decline to a month on month basis PPI across the country was flat for two consecutive months Among them, the prices of means of production and means of living are the same According to the 40 industrial sectors surveyed, there are 17 price hikes, 18 price declines and 5 price equalities Among the major industries, the oil and natural gas exploration industry increased by 4.3%, 0.5 percentage points higher than last month; the oil, coal and other fuel processing industry increased by 1.8%, 1.1 percentage points higher From up to down, ferrous metal smelting and rolling processing industry decreased by 0.6%; non-metallic mineral products industry decreased by 0.1% Coal mining and washing industry decreased by 0.6% and 0.2% respectively; chemical raw materials and chemical products manufacturing industry decreased by 0.4% and 0.4% respectively Nonferrous metal smelting and rolling processing industry rose 0.6% from down to up From a year-on-year perspective, PPI decreased by 0.5% in the previous month and increased by 0.1% Among them, the price of means of production decreased by 0.4%, and the price of means of living increased by 1.3% Among the major industries, oil and natural gas exploitation increased by 17.5%, 11.7% higher than last month; non ferrous metal smelting and calendering industry increased by 2.4%, 1.3% Oil, coal and other fuel processing industries rose 4.6% from down to up, while ferrous metal smelting and rolling processing industries rose 0.7% The coal mining and washing industry decreased by 4.1% and the decrease increased by 0.5% Chemical raw materials and chemical products manufacturing industry fell 4.3%, the decline narrowed by 0.9% It is estimated that the year-on-year increase of 0.1% in January is the tail raising effect of last year's price change.