Yichang’s Consumer Prices Steady and Rising in the First Three Quarters
2016-11-07 09:37:38
According to the Municipal Prices Bureau, the consumer prices in Yichang were 2.3% up in the first three quarters, which was higher than both the national average, which was 2% and the provincial average which was 2.1%. In terms of those main commodities being monitored, their prices were generally in a steady rise in Yichang. And it is estimated that the consumer prices of the city will go up moderately and will not fluctuate sharply in the following three months.
It is learned that, seen from the price monitoring data, all types of commodities were in adequate supply and the market prices were in a good order in the third quarter with only part of the goods witnessed some fluctuations in prices. And the prices of most farm and sideline products remained stable except that the prices of a small number of varieties swung up and down, yet within an acceptable range. Daily necessities prices rose modestly, while pork price was slightly up compared with the period of last year. To be specific, the average price of lean pork in the urban area was 17.96 yuan per 500 gram in the third quarter, 6.9% up compared with 16.79 yuan per 500 gram in the same period of the previous year; and that of pork ribs was 20.59 yuan per 500 gram, 4.1% up compared with 19.78 yuan per 500 gram last year. The main vegetable prices were mixed. The grain prices fluctuated slightly, with the average price of early indica rice being 2.27 yuan per 500 gram, 4.1% up compared with 2.18 yuan per 500 gram of the same period last year. The edible oil prices fell a bit and the egg prices changed a little while the prices of some aquatic products had a larger increase, yet the liquefied gas prices dropped slightly.
The prices of the main agriculture products were mixed, with the purchasing prices of live pigs and piglets rising, the tea prices stable and that of the citrus falling slightly compared with last year. As the weather gets cold, the local in-season vegetables will be out of stock and a large number of vegetables from outside will be in the market instead so that their prices may be slightly higher. Since the piglet survival rate in the second quarter has been on the rise, the number of pigs available for slaughter will increase sharply, thus stopping the rise in pork prices in the fourth season. And the pig prices are estimated to be in a downward trend from the fourth quarter of 2016 to 2017. In addition, the prices of early-maturing tangerine did not change much and those of tea remained stable.
Yichang’s consumer prices are estimated to remain a moderately rising trend in the following three months, without much chance for large swings to appear. Therefore, the goal of keeping CPI rises at about 3.5% can be basically achieved in the city.
(Reporter: Mu Ran)