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Anhui's CPI up 1.3% in Feb

Pub Date:19-03-14 10:39 Source:www.cnanhui.org

Anhui's consumer price index (CPI), the main gauge of inflation, rose 1.3 percent year-on-year in February, up by 0.1 percentage point from a month earlier, data from the National Bureau of Statistics (NBS) showed.

Food prices climbed 1.0 percent year-on-year, while non-food prices gained 1.3 percent.

Prices of pork, aquatic products and eggs decreased 4.8 percent, 5.5 percent and 6.0 percent from the same period a year earlier.

Garment prices rose 2.8 percent year-on-year, prices of medical products and services increased 2.7 percent, while educational, cultural and entertainment prices gained 2.3 percent.

Housing prices edged up 1.1 percent.

Statistics also showed the eastern Chinese province’s CPI edged up 1.5 percent on a monthly basis.

Due to great demand during the Spring Festival holiday, the prices of fresh vegetables, fruits, pork and aquatic products saw significant growth last month, jumping 25.7 percent, 2.7 percent, 4.7 percent and 4.3 percent, respectively, from January.

Travel demands during the week-long Spring Festival holiday and the winter holiday also pushed the prices of travel agency services, plane tickets, housekeeping and movie tickets higher. They rose 9.8 percent, 8.3 percent, 2.3 percent and 28.4 percent month-on-month, respectively.

Prices of industrial products fell 0.1 percent from January, largely due to sales promotions of winter clothes.

The province’s CPI rose 1.2 percent in the Jan-Feb period.

The carryover effect contributed 0.6 percentage points to February’s CPI decline, while new factors contributed 1.9 percentage points to the CPI growth.

Editor:Rita

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