工业消费品价格

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6月通胀数据点评:核心CPI同比持续回升
Tai Ping Yang Zheng Quan· 2025-07-09 23:30
Group 1: CPI Analysis - China's June CPI increased by 0.1% year-on-year, reversing a four-month decline, exceeding market expectations[4] - The month-on-month CPI decreased by 0.1%, but the decline was narrower than the previous month by 0.1 percentage points[6] - Industrial consumer goods prices stabilized and contributed to the CPI increase, with a reduction in the downward impact on CPI by approximately 0.18 percentage points[6] Group 2: PPI Analysis - China's June PPI decreased by 3.6% year-on-year, with the decline widening by 0.3 percentage points compared to the previous month[4] - The PPI's further decline reflects accumulated supply-side pressures and weak demand[23] - Upstream industrial prices faced significant pressure, with mining industry prices dropping by 13.2% year-on-year[27] Group 3: Price Trends - Core CPI, excluding food and energy, rose by 0.7%, marking a 14-month high, supported by resilient service prices[20] - Energy prices increased by 0.1% month-on-month, reversing the previous downward trend, influenced by geopolitical factors[16] - Food prices decreased by 0.4% month-on-month, but the decline was smaller than seasonal expectations by 0.5 percentage points[14]
国家统计局:提振消费等政策效应显现 CPI的积极变化在累积
Sou Hu Cai Jing· 2025-06-16 03:32
央广网北京6月16日消息(记者 冯方)6月16日,国新办就2025年5月份国民经济运行情况举行新闻发布 会。国家统计局新闻发言人、国民经济综合统计司司长付凌晖表示,尽管5月份CPI同比小幅下降,但 经济保持平稳运行,提振消费等政策效应显现,CPI的积极变化在累积。 付凌晖表示,5月份,居民消费价格同比下降0.1%,环比下降0.2%,居民消费价格环比由涨转降,同比 略有下降,主要是国际输入性因素和食品价格下行的影响。 "尽管5月份CPI同比小幅下降,但经济保持平稳运行,提振消费等政策效应显现,CPI的积极变化在累 积。"对于CPI的积极变化,付凌晖谈到以下三个方面: 一是核心CPI涨幅扩大。由于食品和能源价格受短期因素影响大,扣除食品和能源的核心CPI更能反映 物价变化趋势。5月份,扣除食品和能源的核心CPI同比上涨0.6%,涨幅比上月扩大0.1个百分点,这反 映出国内需求扩大对价格的拉动作用在逐步增强。 二是部分工业消费品价格涨幅扩大。消费品以旧换新政策加力扩围,带动相关工业消费品价格回升。5 月份扣除能源的工业消费品价格同比上涨0.6%,涨幅比上月扩大0.2个百分点,以手机、电脑等为主的 文娱耐用消费品价格 ...