In 2015, Urban Consumer Price Index (CPI) rose 1.5% compared to the same period last year, the increase narrowed 0.7% over the same period, according to Yichang Investigation Team of National Bureau of Statistics. The retail prices of commodities rose 0.6% compared to the same period Last year, the increase narrowed 0.4% over the same period.
Among the 8 major constitute prices of CPI, six categories increased and two decreased. This year, the urban food prices increase 2%, cigarettes and wine prices and other appliances prices increase 2%, clothing prices increase 5.1%, household equipment and maintenance services prices increase 3%, health care and personal products prices increase 1.5%, transport and communication prices decrease 1%, entertainment, educational products and services prices decrease 0.9%, and housing prices increase 1.2%, compared to the same period last year.
Increased 2%, this year unban food prices, the main factor to drive CPI up, stimulates 0.7% growth of CPI over the same period last year, accounting for 46.7% of the overall increase, according to the statistics. Among them, the prices of meat, poultry, vegetables, and outdoor meals are the main promoter, up 4.2%, 5.9% and 3.6% respectively compared to the same period last year, pulling the overall index up to 0.85%.
After a long period of downturn, the price of pork appears a rising trend in May, which is caused by the market supply and demand. The price of pork steps into an uplink channel. On May to September, the pork prices continue to rise and its month-on-month increase expands gradually. It rises to 14.8% in August, narrows on September and decreases from October to December, but the decrease narrows gradually.
The vegetable price experiences two large increases from February to April. During the Spring Festival, the vegetable price rises sharply for the increased cost of labors and transports. In early April, the vegetable prices rise slowly for the changes of crops and low temperature. However, the prices decrease from May to November for the suitable climate and stable supply. But since the beginning of winter, the vegetables prices rise significantly for the remained low temperatures, the prices in December increase 11.9% month-on-month.
Meanwhile, the increases of food prices of outdoor meals are mainly caused by the carryover effects, the price went up 3.6% year-on-year from January to December, and the local snacks rose 11.9%, the biggest increase.
According to the prediction, the prices in 2016 will remain a low level. Nevertheless, affected by the climate, holidays and other factors, CPI may show some structural rise, but the increase is limited. (Reporter: Pei Shujing, correspondent: Zou Jiao)