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In 2020, the national consumer price will increase by 2.5% over the previous year. What impact will this have on the social economy?
According to the National Bureau of Statistics, in 20201February, the national consumer price rose by 0.2% year-on-year. Among them, cities rose by 0.2% and rural areas rose by 0.2%; Food prices rose 1.2%, while non-food prices remained flat; Consumer goods prices rose by 0.2% and service prices rose by 0.3%.

1February, the national consumer price rose by 0.7% month-on-month. Among them, cities rose by 0.7% and rural areas rose by 0.9%; Food prices rose by 2.8%, while non-food prices rose by 0.1%; Consumer goods prices rose by 1.2%, while service prices remained flat.

In 2020, the national consumer price rose by 2.5% over the previous year.

According to reports, compared with the same period of last year, the CPI in 20201February changed from 0.5% in the previous month to 0.2%. Among them, the price of food decreased from 2.0% in the previous month to increase by 1.2%, and the price of pork decreased by 1.3%, and the decline rate narrowed by 1 1.2 percentage points. Compared with last month, CPI changed from 0.6% to 0.7%. In 2020, the CPI operation showed a trend of "before high and then low", up by 2.5% over the previous year. Yao Jingyuan, a special researcher in the State Council Counselor's Office, said: "At the beginning of last year, there was a serious price increase due to the epidemic. The CPC Central Committee and the State Council decisively put forward "six guarantees" and "six guarantees" to stabilize the overall price level. Taking stock of last year, China resumed its economy and stabilized the overall price level, which is an important hard-won achievement. "

China's prices continue to be in a reasonable range, which also laid a good foundation for 20021year. Guo Liyan, a researcher at the Institute of Price and Market Research of China Macroeconomic Research Institute, analyzed that looking forward to 20021year, the overall price level will gradually pick up due to the impact of the year-round hikes, that is, the base is significantly lower than last year. "Especially in January and February of the first quarter of this year, we will be affected by the high base, the wrong month of the Spring Festival and so on. The year-on-year increase in CPI may still be at a low level. Throughout the year, it will remain in a reasonable operating range, generally showing an operating trend of first suppression and then promotion. "

In 20201February, PPI decreased by 0.4% compared with the same period of last year and increased by 1. 1% from the previous month. In 2020, the PPI decreased by 1.8% compared with the previous year. Lian Ping, chief economist of Zhixin Investment Research Institute, analyzed that1February, domestic demand recovered steadily, and the prices of some international commodities continued to rise, driving PPI to continue to rise, so we should be alert to the growth pressure on upstream products. "Although it is still a year-on-year data, it is a negative value, but the chain has continued to rise significantly, and the year-on-year negative value has also narrowed significantly, so the PPI is likely to go to a positive value next month. As China's economy further moves towards a higher growth rate, if the integrity of the world economy can recover, the price pressure on upstream industrial products will continue to advance. "