The price of pigs dropped, which caused the CPI to drop obviously! A spokesman for the National Bureau of Statistics said at a news conference that pork prices dropped by 2.8% year-on-year in October, pulling down CPI by 1.13 percentage point.

On the one hand, this change has something to do with last year's base number, on the other hand, it has something to do with increasing the production and supply of live pigs this year. Due to the constraints of production and supply, the price of pork rose sharply from the fourth quarter of last year, resulting in a relatively high base since the fourth quarter of last year.

judging from this year's situation, due to the continuous increase in production and supply of live pigs in various regions and departments since the beginning of the year, the price of pork this month ended the year-on-year increase in 2119, and declined for the first time. In the later stage, the base of pork price was rising last year, and the increase of pork supply may have a certain downward trend on the price trend.

in fact, when it comes to the rise or fall of pork prices, I have to mention that everything develops periodically! The fluctuation of pig price is naturally the same. When the price of pork rises, the number of farmers increases, and more pigs will lead to fall in price, while the profits of farmers in fall in price will decline, and their enthusiasm for raising pigs will decline, and they will not invest again, and pigs will increase without pork, and so on and so forth.

Extended information:

Current pork price:

According to the latest news in the market, the average price of pork in various places is 41.67 yuan/kg, up 1.16% from the previous month. In terms of cities, 51 yuan/kg in Beijing, 34 yuan/kg in Yuxi, Yunnan, 41 yuan/kg in Songyuan, Jilin, 41 yuan/kg in Dezhou, Shandong, 56 yuan/kg in Lianyungang, Jiangsu, etc.

It can be seen that the price of pork is still higher in big cities, but it is much lower than a few months ago!

online-statistics bureau of north Sichuan talks about the decline of pork prices.