Fu, spokesman of the National Bureau of Statistics, said at the press conference on June 16 that the price of pork at 5438+00 in June dropped by 2.8% year-on-year, which drove the CPI to drop by 0. 13 percentage points. On the one hand, this change is related to last year's base, on the other hand, it is related to increasing the production and supply of live pigs this year.

Due to the constraints of production and supply, pork prices have risen sharply since 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 the 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 of 19 months, and it fell for the first time. In the later stage, the base of pork price increase last year was large, and the increase of pork supply may have a certain downward trend on the price trend.

Extended data

The decline in pork prices drives CPI below 1%.

In terms of prices, the national consumer price (CPI) rose by 0.5% year-on-year in June, reaching 5438+00, and fell below 1% again after 42 months.

The sharp decline in CPI growth is mainly due to the decline in the value of the "second brother". During the period of 10, the pork price decreased by 2.8% year-on-year, which was the first decline after 19 months of continuous increase, affecting the CPI increase by about 0. 13 percentage points.

"Judging from the situation this year, due to the continuous increase in the production and supply of live pigs in various regions and departments since the beginning of the year, the price of pork in this month has ended the year-on-year increase of 19 months, showing the first decline." Fu Huiling analyzed that in the later stage, the base of pork price increase last year was large, and the increase of pork supply may have a certain pull-down effect on the price trend.

Wen Bin, chief researcher of Minsheng Bank, told reporters that overall, the CPI in the first 10 month increased by 3% year-on-year, which has dropped to the annual control target of 3.5%. In the next stage, as the CPI base continued to rise in the same period last year, the supply of pork and other foods continued to repair. It is expected that the supply and demand will remain balanced and the CPI hub will continue to fall.

China News Network-Statistics Bureau talks about the decline of pork prices: pork prices may continue to lower prices.

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