Core Insights - In August, Beijing's Consumer Price Index (CPI) shifted from an increase to a decrease on a month-on-month basis, with a decline of 0.1% compared to a rise of 0.7% in July [1][2] - Year-on-year, Beijing's CPI fell by 0.8%, with the decline rate expanding by 0.6 percentage points compared to the previous month [2] Monthly Analysis - Food prices in August saw a shift from a decrease of 0.9% in July to an increase of 0.6% in August, with fresh vegetable prices rising by 12.6% and egg prices increasing by 1.5% [1] - Conversely, prices for fresh fruits, pork, and aquatic products decreased by 3.6%, 0.8%, and 0.6% respectively [1] - Air ticket prices and accommodation costs dropped by 12.3% and 4.2% respectively, while travel agency fees increased by 0.4% [1] - Industrial consumer goods prices shifted from a 0.9% increase in July to a 0.1% decrease in August, with gasoline and diesel prices falling by 0.9% and 1.0% respectively [1] Yearly Analysis - Year-on-year, food prices decreased by 6.2%, with significant declines in fresh vegetables (21.2%), pork (16.0%), eggs (11.1%), and fresh fruits (7.1%), while aquatic product prices increased by 2.3% [2] - Air ticket prices rose by 2.9%, but the growth rate slowed by 5.6 percentage points compared to the previous month, while accommodation prices fell by 12.9% [2] - Industrial consumer goods prices increased by 0.8% year-on-year, with large household appliances rising by 4.8% and gold jewelry prices surging by 37.8% [2] - Gasoline and diesel prices saw year-on-year declines of 7.3% and 7.9% respectively [2] Industrial Producer Prices - In August, the industrial producer's ex-factory prices in Beijing decreased by 1.9% year-on-year but increased by 0.5% month-on-month [2] - The industrial producer's purchase prices fell by 3.8% year-on-year, with a month-on-month increase of 0.4% [2]
8月北京CPI环比由涨转降
Zhong Guo Xin Wen Wang·2025-09-11 05:12