It's Happening....
CPI up by 1.7% in 2012
- Details
- Category: Governmental News
- Published: Tuesday, 15 January 2013 09:42
A survey released on 11th by the Survey Office of the National Bureau of Statistics in Ningbo shows that CPI in December increases by 1.7% over the same period of last year, 0.2% more than that of November and the largest one since last June. In aggregate, CPI of Ningbo grows at 1.7%, lower than the national level of 2.6%.
The CPI increase of 0.5% in December is due to the seasonal increase of food prices.
Food price increases by 2.0% on a monthly basis. Because of the cold weather, prices of marine and aquatic products, vegetables and fruits rise obviously in December, bringing food prices higher. Prices of vegetables grow by 6.9% despite continuous decrease in the previous three months. Prices of fish grow by 5.1% and that of shrimps and crabs by 14.5%. Prices of fruits increase at 1.7%. Prices of pork, eggs, milk and dairy products increase by 3.3%, 2.3% and 1.7% respectively.
Price of the industrial products decreases at 0.3% on a monthly basis. Jeweler price is down by 1.6% because of the continual lower price of gold on the international market. The lingering effects of price decreases of oil products lead to petrol and diesel price decreases of 1.7% and 1.8% respectively. Prices of LPG decrease at 6.7%. Skin-care products go down as a result of promotion sales with price of shampoo products down by 1.7% and bath products and cosmetics by 1.0%.
Service price remains basically at the same level, with increases in maintenance and housing service, which grow at 3.4% and 2.1% respectively. The travel agent charges continue to go down with a decreasing rate of 4.4% because of bleak business in December and lower airline charges.
Prices of consumption products grow at 1.4% over the same period of last year. Some other price increases can be seen in service projects, clothing, housing, appliances and maintenance service and so on, with increasing rates of 1.4%, 2.4%.6.4%, 3.2% and 2.6$ respectively. The only price decrease of 0.5% is that of products and services of recreation, culture and education.
