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              Consumer Prices for November 2021
              National Bureau of Statistics of China2021-12-10 09:30




              In November 2021, the national Consumer Price Index (CPI) rose by 2.3 percent year on year. Among them, the prices in urban and rural areas rose by 2.4 and 2.2 percent; the prices of food prices rose by 1.6 percent, and non-food prices rose by 2.5 percent; the prices of consumer goods and service rose by 2.9 and 1.5 percent. From January to November, on average, the national consumer price rose by 0.9 percent over the same period of last year.

               

              In November, the national consumer price rose by 0.4 percent month on month. Among them, 0.3 percent in urban areas and 0.6 percent in rural areas; food prices rose by 2.4 percent, while non-food prices were flat; consumer goods prices rose by 0.9 percent and service prices fell by 0.3 percent.

               

               

              I. Year-on-Year Changes of Prices of Different Categories

               

              In November, the prices of food, tobacco and alcohol increased by 1.7 percent year-on-year, affecting the CPI (consumer price index) to rise by about 0.49 percentage point. Among foodstuff, the price of fresh vegetables increased by 30.6 percent, affecting the increase of CPI by about 0.60 percentage point; egg prices rose by 17.6 percent, affecting CPI up by about 0.10 percentage point; the price of aquatic products increased by 8.5 percent, affecting the CPI increase by about 0.15 percentage point; fresh fruit prices rose by 4.1 percent, affecting CPI up by about 0.07 percentage point; grain prices rose by 1.5 percent, affecting CPI up by about 0.03 percentage point; the price of livestock meat decreased by 19.7 percent, affecting the CPI down by about 0.81 percentage point, of which the price of pork decreased by 32.7 percent, affecting the CPI down by about 0.68 percentage point.

               

              The prices of the other seven categories rose six and fell one year-on-year. Among them, the prices of transportation and communication, education, culture and entertainment and housing increased by 7.6, 3.0 and 1.7 percent respectively, and the prices of medical care, clothing, daily necessities and services increased by 0.6, 0.5 and 0.5 percent respectively; and the prices of other supplies and services decreased by 0.6 percent.

               

               

              II. Month-on-Month Changes of Prices of Different Categories

               

              In November, the prices of food, tobacco and alcohol increased by 1.6 percent month on month, affecting the increase of CPI by about 0.44 percentage point. Among foodstuff, the price of fresh vegetables increased by 6.8 percent, affecting the increase of CPI by about 0.16 percentage point; the price of livestock meat increased by 5.2 percent, affecting the CPI increase by about 0.16 percentage point, of which the price of pork increased by 12.2 percent, affecting the CPI increase by about 0.15 percentage point; fresh fruit prices rose by 4.3 percent, affecting CPI by about 0.08 percentage point; egg prices rose by 3.0 percent, affecting CPI up by about 0.02 percentage point; grain prices rose by 0.7 percent, affecting CPI up by about 0.01 percentage point; the price of aquatic products decreased by 1.7 percent, affecting the decline of CPI down by about 0.03 percentage point.

               

              The prices of the other seven categories rose two, flat two and fell three month on month. Among them, the prices of clothing, transportation and communication increased by 0.3 percent; housing and medical care prices were flat; the prices of education, culture and entertainment, other supplies and services, daily necessities and services decreased by 0.5, 0.5 and 0.4 percent respectively.

               

               

              Consumer Prices in November

               

               

              M/M (%)

              Y/Y (%)

              Jan-Nov

              Y/Y (%)

               

               

               

               

              Consumer Prices

              0.4

              2.3

              0.9

               Of which: Urban

              0.3

              2.4

              0.9

                   Rural

              0.6

              2.2

              0.6

               Of which: Food

              2.4

              1.6

              -1.4

                   Non food

              0.0

              2.5

              1.4

               Of which: Consumer Goods

              0.9

              2.9

              0.9

                   Services

              -0.3

              1.5

              0.9

               Of which: Excluding Food and Energy

              -0.2

              1.2

              0.8

               

              By Commodity Categories

               

               

               

               I. Food, Tobacco and Liquor

              1.6

              1.7

              -0.3

                Grain

              0.7

              1.5

              1.1

                Cooking Oil

              1.0

              7.2

              7.0

                Fresh Vegetables

              6.8

              30.6

              5.1

                Meat

              5.2

              -19.7

              -16.8

                  Of which: Pork

              12.2

              -32.7

              -29.8

                      Beef

              0.4

              1.4

              3.2

                      Mutton

              -0.1

              2.4

              5.8

                Aquatic Products

              -1.7

              8.5

              9.6

                Eggs

              3.0

              17.6

              10.6

                Dairy products

              0.3

              1.2

              1.8

                Fresh Fruits

              4.3

              4.1

              2.7

                Tobacco

              0.2

              1.6

              1.2

                Liquor

              0.4

              2.3

              2.1

               II. Clothing

              0.3

              0.5

              0.2

                Clothing

              0.4

              0.7

              0.4

                Shoes

              -0.1

              -0.2

              -0.2

               III. Residence

              0.0

              1.7

              0.8

                House Renting

              -0.2

              0.8

              0.4

                Water, Electricity, and Fuel

              0.2

              4.4

              1.7

               IV. Household Articles and Services

              -0.4

              0.5

              0.3

                Household Appliances

              -0.3

              1.7

              0.7

                Household Services

              0.2

              3.1

              2.6

               V. Transportation and Communication

              0.3

              7.6

              4.1

                Transportation Facilities

              0.2

              1.1

              -0.6

                Fuels for Vehicles

              3.0

              35.7

              16.6

                Vehicle Use and Maintenance

              0.1

              1.6

              1.5

                Communication Facilities

              -1.7

              -3.9

              4.2

                Communication Services

              0.1

              -0.2

              -0.3

                Postal Services

              0.0

              0.1

              -0.1

               VI. Education, Culture and Recreation

              -0.5

              3.0

              1.8

                Education Services

              0.0

              2.8

              2.1

                Tourism

              -3.5

              6.6

              0.8

               VII. Health Care

              0.0

              0.6

              0.4

                Traditional Chinese Medicines

              0.2

              1.9

              1.6

                Western Medicines

              -0.4

              -1.0

              -1.2

                Health Care Services

              0.1

              1.0

              0.8

               VIII. Other Articles and Services

              -0.5

              -0.6

              -1.4

               

               

               

               

               

              Annotations:

               

              1. Explanatory Notes

               

              Consumer Price Index (CPI) is an index measuring changes over time in the price level of consumer goods and services purchased by residents, which comprehensively reflects the changes of price level.

               

              2. Statistical Coverage

               

              Consumer Price Index (CPI) covers the prices of goods and services of 8 categories and 268 basic divisions which cover the living consumption of urban and rural residents, including food, tobacco and liquor; clothing; residence; household articles and services; transportation and communication; education, culture and recreation; health care; other articles and services.

               

              3. Survey Methods

               

              According to the principle of "fixed person, fixed point and fixed time", people are directly sent to the survey sites or collect the original price from the Internet. The data comes from about 500 cities and counties in 31 provinces (autonomous regions and cities) and nearly 100000 price survey points, including shopping malls (stores), supermarkets, farmers' markets, service outlets and Internet e-commerce.

               

              4. Data Description

               

              Due to "rounding-off", sometimes the aggregate data is the same as the high or low value of the classified data.

               

              5. Base Period Rotation

               

              According to the regulations of the statistical system, China's CPI has a base period rotation every five years. In January 2021, CPI with 2020 as the base period will be compiled and released. Compared with the last round of the base period, the survey classification catalogue, representative specifications and survey outlets in the new base period have been adjusted, and the classification weight has also changed to reflect the latest changes in the consumption structure of residents. It is estimated that the average impact of the base period rotation on the CPI year-on-year index is about 0.03 percentage point.

               

              Annex
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