Core Viewpoint - The article discusses the changes in the Consumer Price Index (CPI) and Producer Price Index (PPI) in April, highlighting a shift in CPI from a decline to an increase, while PPI remains stable in its decline. The analysis indicates that various factors, including food prices and international commodity prices, are influencing these trends. CPI Analysis - In April, the CPI changed from a decrease of 0.4% in the previous month to an increase of 0.1%, with a year-on-year decrease of 0.1% remaining unchanged from the previous month [1][2] - The core CPI increased by 0.2% month-on-month and rose by 0.5% year-on-year, maintaining stability [1][3] - Food prices rose by 0.2% month-on-month, exceeding seasonal levels by 1.4 percentage points, with beef prices increasing by 3.9% due to reduced imports [5] - Travel service prices saw significant increases, with airfares up by 13.5% and hotel prices up by 4.5%, contributing approximately 0.10 percentage points to the CPI increase [5][3] - Year-on-year, energy prices fell by 4.8%, with gasoline prices down by 10.4%, significantly impacting the CPI [5] PPI Analysis - The PPI decreased by 0.4% month-on-month, with the decline rate consistent with the previous month [6][7] - The decline in PPI is attributed to international factors affecting domestic prices, particularly in the oil and gas extraction sector, which saw a 3.1% decrease [9] - Seasonal declines in energy prices, particularly in coal mining, also contributed to the PPI decrease, with coal prices down by 3.3% [9] - Some industries are experiencing improved supply-demand relationships, leading to a narrowing of price declines, such as in the black metal smelting and non-metal mineral products sectors [10] Industry Trends - High-tech industries are driving price increases in related sectors, with wearable smart device manufacturing prices rising by 3.0% year-on-year [10][11] - Policies promoting consumption and equipment upgrades are showing effects, with prices in consumer goods and equipment manufacturing sectors experiencing reduced declines [10] - The diversification of trade is expanding markets, leading to price increases or reduced declines in certain export industries, such as integrated circuit packaging [11]

来源：中国新闻网 中新社北京5月10日电 (记者 王恩博)中国国家统计局10日公布，4月份，中国工业生产者出厂价格指数 (PPI)环比下降0.4%，降幅与上月相同；同比下降2.7%，降幅比上月扩大0.2个百分点。 谈及4月份中国PPI下降的原因，国家统计局城市司首席统计师董莉娟指出，国际贸易环境变化，部分国 际大宗商品价格迅速下行，影响国内相关行业价格下降。 如促消费和设备更新等政策继续显效，部分消费品和装备制造产品需求释放带动相关行业价格回升。4 月份，家用洗衣机价格同比降幅比上月收窄0.3个百分点，食品制造业、新能源乘用车价格同比降幅均 收窄0.2个百分点。 随着中国持续推进贸易多元化，市场扩大也带动部分出口行业价格同比上涨或降幅收窄。4月份，集成 电路封装测试系列价格上涨2.7%，半导体器件专用设备制造价格上涨1.0%；拖拉机制造、电子器件制 造、纺织服装服饰业价格降幅均较上月收窄。(完) 其中，国际原油价格下行影响国内石油相关行业价格环比下降，石油和天然气开采业价格下降3.1%， 精炼石油产品制造价格下降2.5%，化学原料和化学制品制造业价格下降0.6%。部分出口行业价格环比 下降，汽车制造业价格下降 ...

每经记者｜张宏 每经编辑｜陈星 5月10日，国家统计局公布4月份居民消费价格指数（CPI）和工业生产者出厂价格指数（PPI）。 4月份，全国居民消费价格同比下降0.1%，环比上涨0.1%。全国工业生产者出厂价格同比下降2.7%，环比下降0.4%。 记者注意到，4月CPI环比由降转涨，同比略有下降，核心CPI涨幅稳定；PPI环比降幅与上月相同。 民生银行首席经济学家温彬在接受《每日经济新闻》记者微信采访时表示，更能反映供求关系的核心CPI涨幅保持稳定，体现了经济的内在韧性。4月PPI同 比-2.7%，主要因为在关税政策影响下，国际大宗商品价格迅速下行，导致国内相关行业价格下降。 东方金诚研究发展部总监冯琳在接受《每日经济新闻》记者微信采访时表示，CPI同比连续两个月保持-0.1%，基本符合市场预期。主要是受关税政策影响， 国际原油价格下跌向国内能源价格传导，抵消了当月食品价格同比降幅的收窄。当月扣除波动较大的能源和食品价格后，更能反映基本物价水平的核心CPI 同比为0.5%，保持稳定。 分项来看，食品价格同比下降0.2%，降幅比上月收窄1.2个百分点。能源价格同比下降4.8%，降幅比上月扩大2.2个百分点。 温 ...

5月10日，国家统计局发布数据显示，4月份，居民消费价格指数（CPI）环比上涨0.1%，同比下降0.1%。工业生产者出厂价格指数（PPI）环比下降0.4%，同比 下降2.7%。 4月份CPI环比由降转涨，同比降幅与上月相同，核心CPI涨幅稳定，PPI环比降幅与上月相同，部分工业行业价格同比继续呈现稳中向好走势。中国人民银行最新发 布《2025年第一季度中国货币政策执行报告》认为，随着扩大内需政策落地显效，市场需求加快释放，将更好支撑物价水平温和回升。 食品、出行服务表现好于季节性 4月份，CPI环比上涨0.1%。其中，食品价格上涨0.2%，非食品价格上涨0.1%；消费品价格持平，服务价格上涨0.3%。 国家统计局城市司首席统计师董莉娟表示，从环比看，CPI由降转涨，涨幅高于季节性水平0.2个百分点，主要是食品、出行服务回升带动。 食品价格的带动包括部分地区进入海洋休渔期，海水鱼价格上涨；新果上市初期供给季节性减少，薯类和鲜果价格上涨等情况，也包括受进口量减少等因素影响， 牛肉价格上涨等情况。此外，鲜菜和猪肉价格降幅小于季节性有一定影响。 同时，4月份，受需求回暖及假日因素共同影响，出行服务价格回升明显。飞机票 ...

2025年4月份，全国工业生产者出厂价格同比下降2.7%，环比下降0.4%；工业生产者购进价格同比下降2.7%，环比下降0.6%。1—4月平均，工业生产者出厂 价格和购进价格比上年同期均下降2.4%。 4月份，工业生产者出厂价格中，生产资料价格下降3.1%，影响工业生产者出厂价格总水平下降约2.28个百分点。其中，采掘工业价格下降9.4%，原材料工 业价格下降3.6%，加工工业价格下降2.3%。生活资料价格下降1.6%，影响工业生产者出厂价格总水平下降约0.40个百分点。其中，食品价格下降1.4%，衣 着价格下降0.1%，一般日用品价格上涨0.6%，耐用消费品价格下降3.7%。 一、工业生产者价格同比变动情况 二、工业生产者价格环比变动情况 4月份，工业生产者出厂价格中，生产资料价格下降0.5%，影响工业生产者出厂价格总水平下降约0.37个百分点。其中，采掘工业价格下降2.1%，原材料工 业价格下降1.0%，加工工业价格下降0.2%。生活资料价格下降0.2%，影响工业生产者出厂价格总水平下降约0.05个百分点。其中，食品价格下降0.1%，衣 着价格上涨0.3%，一般日用品价格上涨0.2%，耐用消费品价格下降0 ...

Core Points - In April 2025, the national consumer price index (CPI) decreased by 0.1% year-on-year, with urban prices remaining stable and rural prices declining by 0.3% [1] - The average CPI from January to April 2025 also showed a year-on-year decrease of 0.1% [1] Price Changes Year-on-Year - In April, food and tobacco prices increased by 0.3%, contributing approximately 0.07 percentage points to the CPI [3] - Fresh fruit prices rose by 5.2%, impacting the CPI by about 0.11 percentage points, while fresh vegetable prices fell by 5.0%, reducing the CPI by approximately 0.10 percentage points [3] - Among the eight major categories, seven saw price increases, with other goods and services, clothing, and education and cultural entertainment rising by 6.6%, 1.3%, and 0.7% respectively [3] Price Changes Month-on-Month - In April, food and tobacco prices increased by 0.2% month-on-month, contributing about 0.05 percentage points to the CPI [5] - Fresh fruit prices rose by 2.2%, impacting the CPI by approximately 0.05 percentage points, while fresh vegetable prices decreased by 1.8%, reducing the CPI by about 0.04 percentage points [5] - Other categories showed mixed results, with other goods and services, education and cultural entertainment, and healthcare prices increasing by 2.4%, 0.4%, and 0.2% respectively [5] Detailed Price Movements - The CPI for food and tobacco increased by 0.2% month-on-month and 0.3% year-on-year, while grain prices fell by 1.4% year-on-year [7] - Pork prices increased by 5.0% year-on-year, while beef prices decreased by 4.9% [7] - Transportation and communication prices decreased by 3.9% year-on-year, indicating a significant decline in this category [7] Statistical Overview - The CPI is a measure of the price level of a basket of consumer goods and services, reflecting changes in the cost of living [9] - The statistical survey covers a wide range of categories, including food, clothing, housing, and healthcare, among others [10]

智通财经5月9日电，巴西4月消费者价格指数环比上涨0.43%，预期增长0.42%。 ...

Steel Recycling Industry - The current price index for recycled steel in China is 2214 yuan/ton, showing a decrease of 0.6 yuan/ton compared to the previous working day, indicating a need for steel manufacturers to closely monitor price fluctuations and trade cautiously [2][20] - A detailed overview of recycled steel prices across various cities on May 8 includes prices ranging from 2095 to 2375 yuan/ton, with some regions showing stable prices while others reflect slight declines [4][5] Paper Recycling Industry - The price index for recycled paper in China is 1517 yuan/ton, down by 1 yuan/ton from the previous working day, suggesting that local paper merchants should be vigilant about price trends and operate cautiously [6][20] - The price list for recycled paper on May 8 shows various prices across different manufacturers, with prices ranging from 1320 to 1590 yuan/ton, indicating stability in some areas while others have minor fluctuations [8] Aluminum Recycling Industry - The current price for recycled aluminum in China is 14900 yuan/ton, with a recommendation for local aluminum merchants to monitor price trends closely [10][20] - The price report for recycled aluminum on May 8 indicates a range of prices from 14800 to 17600 yuan/ton across different regions, with some prices decreasing by up to 300 yuan/ton [13][14] Copper Recycling Industry - The price for recycled copper in China is currently 72100 yuan/ton, with local copper merchants advised to keep a close watch on price movements [15][20] - The price overview for recycled copper on May 8 shows a range from 44700 to 71800 yuan/ton across various regions, with notable decreases in prices by up to 700 yuan/ton in some areas [17][18]

Group 1 - The core index, the CES280, increased by 0.25% to 6401.28 points, with a trading volume of 153.31 billion [1] - Over the past month, the CES280 index has risen by 9.36%, while it has decreased by 0.96% over the last three months and by 0.10% year-to-date [1] - The CES280 index is part of a series of indices that reflect the overall performance of large and mid-cap securities listed in Shanghai, Shenzhen, and Hong Kong [1] Group 2 - The top ten holdings of the CES280 index include Guotai Junan (1.74%), SMIC (1.66%), and Cambricon (1.36%) among others [1] - The market capitalization distribution shows that the Shanghai Stock Exchange accounts for 47.76%, the Hong Kong Stock Exchange for 26.56%, and the Shenzhen Stock Exchange for 25.69% [2] - In terms of industry allocation, Information Technology represents 19.09%, Financials 17.86%, and Industrials 16.51%, with other sectors like Materials, Consumer Discretionary, and Healthcare also represented [2]

5月7日，《证券日报》记者采访了多位业内人士，前瞻4月份居民消费价格指数(CPI)与工业生产者出厂 价格指数(PPI)走势。受访专家普遍认为，基于已公布的4月份各项商品的高频数据来看，4月份CPI同比 有望温和波动；受外部不确定因素影响，大宗商品价格承压，4月份PPI同比跌幅或有所扩大。 在CPI方面，中信证券首席经济学家明明对《证券日报》记者表示，预计4月份CPI同比增长0.25%，环 比涨幅为0.46%。中金研报显示，4月份CPI同比或从-0.1%温和回升至0.1%。但西部证券（002673）首 席宏观分析师边泉水与民生银行首席经济学家温彬持相对谨慎态度，前者预计4月份CPI同比下降 0.2%，跌幅较3月份扩大0.1个百分点，后者则预测4月份CPI环比下降0.2%，同比下降0.3%。 能源与耐用品价格承压，服务消费成亮点。中金研报认为，以旧换新政策持续发力或将支撑非食品消费 品价格，服务价格或持续温和复苏。 温彬表示，综合影响下，能源价格跌幅扩大。受国际因素影响，国内成品油价格呈现"大起大落"走势。 其他能源方面，煤炭价格持续走低，天然气价格微降。4月份耐用消费品价格承压。一方面，新车集中 上市带动技术升 ...