Clothing beats food into new CPI rise

Clothing beats food into new CPI rise According to the statistics from the National Bureau of Statistics Hubei Survey Corps and the Wuhan Bureau of Statistics, the CPIs of Hubei and Wuhan in January 2013 both increased by 2.3% year-on-year, and the growth rate dropped 0.6 and 1.2 percentage points respectively from the previous month.

This year's low starting point for CPI CPI rose by 2.3% year-on-year. Take a look at the data from the same period last year to be able to see at a glance. Officials from the provincial and municipal statistics departments found that the CPI in Hubei and Wuhan in January 2012 increased by 4.8% and 4.2% year-on-year, 2.5 and 1.9 percentage points higher than this year.

“The Spring Festival last year was in January, so the price in January was very high.” Officials from the statistics department of the provinces and cities explained that this year’s starting point for the CPI is low, which is related to the dislocation of the Spring Festival. During the Spring Festival last January, prices rose regularly and formed a relatively high base. On this basis, the year-on-year increase in prices naturally showed a low state. However, the lower increase does not mean that prices have fallen, but that the rate of increase has slowed. "That is to say, prices are still rising, but they have risen more slowly than this time last year."

Clothing to beat food into new points. From the specific data point of view, the first month of this year's rising commodity category let ** drop glasses. Food commodities did not once again become the main driver of CPI, but clothing products rose the most. At this point, many women who love beauty have already experienced it. Newly-listed clothing this year has risen to varying degrees.

According to data released by the Wuhan Municipal Bureau of Statistics, Wuhan's clothing prices rose by 5.8% in January, which is the largest increase in commodity categories. On the contrary, food prices rose by 2.7%. “The raw materials and labor costs for New Year's clothing have been raised, which has driven up prices.” Officials of the city's statistics department stated that besides the rising prices of newly-listed clothing itself, people’s enthusiasm for purchasing new clothes before the Spring Festival is also one of the reasons for boosting apparel prices. .

On the other hand, it was still affected by the dislocation of the Spring Festival. The rise in food prices during the Spring Festival last January had a relatively high base, which caused the increase in the price of food in January of this year to fall, and the pace of price increase slowed down.

Late price or return to the "3" era "After a lower starting point, prices may rise again." For the future CPI growth trend estimates, officials of the provincial and municipal statistics departments believe that due to the delay of the Spring Festival, this year In the February festival, prices will rise significantly. In particular, the price of food products will also return to the top of the list.

Statistics experts predict that during the Spring Festival in February, several days of rain and snow weather in Hubei Province, including Wuhan, have caused the price of fresh vegetables to rise. In addition, pork and other meat food prices have also picked up during the Spring Festival. From this point of view, it is expected that the increase in CPI in the province will rise sharply from February, and the possibility of returning to the "3" era is very high.

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