Core Insights - The consumer price index in Hangzhou showed a mild increase in January 2026, indicating a stable economic environment with a year-on-year rise of 0.4% in consumer prices and a month-on-month increase of 0.8% in industrial producer prices, despite a year-on-year decline of 0.9% [1][2] Consumer Price Trends - In January, the consumer prices in Hangzhou increased by 0.4% year-on-year, with a decrease in the growth rate by 0.7 percentage points compared to the previous month [1] - Food prices rose by 1.2%, while non-food prices increased by 0.3%. Consumer goods prices went up by 1.1%, while service prices decreased by 0.3% [1] - Seasonal factors led to significant price increases in fresh vegetables and fruits, which rose by 5.4% and 4.8% respectively. Conversely, prices for pork and eggs decreased by 11.6% and 3.6%, helping to stabilize overall food prices [1] Producer Price Trends - The industrial producer prices in Hangzhou saw a month-on-month increase of 0.8% in January, while year-on-year prices decreased by 0.9% [2] - Prices for extraction, processing, and raw materials fell by 10.9%, 1.1%, and 0.8% respectively, with living materials prices down by 0.6% [2] - Among nine categories of raw materials, three categories saw price increases, while six experienced declines, indicating a mixed trend in production costs [2] Overall Economic Outlook - The stable price movements in January reflect a vibrant consumer market and a gradual improvement in the production sector, aligning with the overall economic development trend in Hangzhou, which is expected to support high-quality economic growth throughout the year [2]
1月份杭州市物价运行平稳
Mei Ri Shang Bao·2026-02-12 22:22