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National Bureau of Statistics: Consumer prices remained at a reasonable level throughout the year. How to interpret this view?
The National Bureau of Statistics held a press conference and said at the meeting that consumer prices remained at a reasonable level throughout the year. In July, 2022, the consumer price rose correspondingly, but it was related to the rise of food prices. From all aspects, although the consumer price has some upward pressure, it has remained stable on the whole. At present, the domestic market supply capacity is relatively strong, and agricultural production has also achieved a bumper harvest. The increase in grain output has laid a solid foundation for the national grain supply. China's industrial consumption is in the forefront of the world, and its service supply is also in an expanding trend, which will not have much impact on people's daily life, and the price increase is relatively moderate.

Pork prices are different in different periods, but at present, pork prices tend to be stable, and there is no condition for a substantial price increase. Although the price of pork can rise rapidly in a short time, the production capacity of live pigs is still at a reasonable level, and market regulation can provide good services for the people. At present, the relationship between supply and demand is in a stable state. Under the influence of the epidemic, the economies of various countries have declined accordingly, but the epidemic has been effectively controlled and the global economic recovery is just around the corner.

There is a certain relationship between domestic economy and monetary policy. The decline in some international commodity prices will also have some impact on domestic food prices, leading to a decline in domestic food prices. A series of measures implemented in the domestic market have achieved good results in ensuring supply and stabilizing prices. From all aspects, the national policy is very correct and will stabilize the prices of related products.

From the data, China's economy is constantly recovering, and the market has taken various measures to boost economic growth. There is no loose monetary policy in China, which also makes the price increase not meet the corresponding conditions. When the international situation stabilizes, the prices of related products will also stabilize, so the consumption level of residents is still relatively normal.