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Zhejiang CPI Rose 2% Year-on-Year in July
2018-08-13 17:38:22

Zhejiang consumer prices rose 2% in July from a year earlier, the National Bureau of Statistics said Thursday. In the first seven months, the total consumer price level in the province rose by 2.2% over the same period last year.

 

Food, tobacco and alcohol prices rose 1.1% in July from a year earlier. The price of eggs rose by 10.4%; poultry prices rose 8.9%. The price of outside catering increased by 3.3%. Aquatic product prices rose 1.9%; milk prices rose 1.6%. Fresh vegetable prices rose 1.4%; meat, fresh fruit and grain prices declined in varying degrees. Of the other seven categories, housing, health care, clothing, transportation and communication, education culture and entertainment, and articles and services increased by 3.0 percent, 2.6 percent, 2.3 percent, 2.3 percent, 2.0 percent and 1.2 percent respectively. Prices for other goods and services were flat.

 

The year-on-year rise in consumer prices in July was unchanged from the previous month. The prices of transportation, communications and medical care have increased from last month, mainly due to the rising price of refined petroleum products and the comprehensive reform of medical and health systems in some cities and counties, as well as the adjustment of drug and medical service pricing in public hospitals.

 

In July, the consumer price rose by 0.3% month-on-month. Due to the impact of summer travel season, the price of travel and hotel accommodation rose by 8.9% and 2.0% respectively. Driven by the rising international crude oil prices, the prices of refined oil and liquefied petroleum gas rose. Under the influence of some cities and counties adjusting the drug pricing in the medical insurance directory, there was a general rise in the prices of both Chinese and Western medicine.

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