Affected by the dislocation of the Spring Festival, the CPI in January fell by 0 8 year on year

Mondo Finance Updated on 2024-02-09

Text: Zhang Zhi. On February 8, the National Bureau of Statistics released the national CPI data for January 2024, showing that the CPI in January decreased by 0.0 year-on-year due to the high base of comparison between the Spring Festival and the wrong month in the same period of the previous year8%;At the same time, under the influence of the festival effect on the continuous increase in consumer demand, the CPI was 03% for two consecutive months**. Core CPI, which excludes food and energy**, was 03%, an increase comparable to the average of the same period in the past ten years; Year-on-year **04% to keep it mild**.

On a year-on-year basis, CPI fell by 08%, a decrease of 0The 5 percentage points were mainly due to the fact that the Spring Festival of the previous year was located in January, coupled with the increase in consumer demand after the transition of epidemic prevention and control in the same period, resulting in a high base of comparison in the previous year. Among them, food ** decreased by 59%, affecting the CPI to drop by about 113 percentage points. In food, pork, fresh vegetables and fresh fruits** decreased respectively7% and 91%, the total impact of CPI decreased by about 078 percentage points, accounting for more than ninety percent of the year-on-year decline in CPI, is the main factor driving the year-on-year decline in CPI.

On a month-on-month basis, the CPI is 03%, an increase of 02 percentage points. Among them, food *** 04%, an increase of 05 percentage points, affecting CPI** by about 008 percentage points. In food, affected by factors such as cold wave weather and the approach of the Spring Festival, shrimp and crabs, fresh vegetables, potatoes and fresh mushrooms** 5% and 13%, which affects the CPI** by about 012 percentage points; The market ** is relatively sufficient, eggs, edible oil, fresh fruit and pork ** are down respectively5% and 02%。

Editor: Xu Yunqian.

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