Core Insights - In November, the Consumer Price Index (CPI) in Sichuan increased by 0.1% year-on-year but decreased by 0.1% month-on-month, with an average CPI decline of 0.3% from January to November compared to the previous year [1][2] - The decline in CPI month-on-month was influenced by the end of holiday effects and a continuous drop in pork prices, which fell by 2.2% month-on-month [1] - The core CPI, excluding food and energy prices, rose by 0.9% year-on-year in November, maintaining a consistent upward trend for nine consecutive months [2] Price Trends - Pork prices have been on a downward trend due to sufficient supply, changing consumer habits, and the seasonal shift to mutton consumption [1] - Fresh vegetable and fruit prices increased by 7.3% and 0.9% month-on-month, respectively, due to adverse weather conditions affecting growth and a seasonal supply gap [1] - Industrial consumer goods prices remained stable, with gold and silver jewelry prices rising by 6.0% and 6.2% month-on-month, respectively, influenced by international gold price trends [1] Economic Policies - Despite the low CPI levels, the implementation of various demand-expanding policies is gradually showing positive effects, contributing to a stronger core CPI [2] - The increase in core CPI is attributed to rising service prices and improvements in industrial consumer goods prices due to a reduction in "involution" [2]
四川11月CPI同比上涨0.1% 价格运行积极因素显现 核心CPI持续走强
Si Chuan Ri Bao·2025-12-12 00:19