National Bureau of Statistics: In December 2024, the CPI increased by 0.1% year-on-year.
09/01/2025
GMT Eight
On January 9th, according to the National Bureau of Statistics, in December 2024, the national consumer price index increased by 0.1% year-on-year. Among them, urban areas saw a 0.1% increase, while rural areas remained stable; food prices decreased by 0.5%, non-food prices increased by 0.2%; consumer goods prices decreased by 0.2%, and service prices increased by 0.5%. In December, the national consumer price index remained stable month-on-month. Urban areas remained stable, while rural areas decreased by 0.1%; food prices decreased by 0.6%, non-food prices increased by 0.1%; consumer goods prices decreased by 0.1%, and service prices increased by 0.1%. Throughout 2024, the national consumer price index increased by 0.2% compared to the previous year.
The original text:
Consumer prices rose by 0.1% year-on-year in December 2024.
In December 2024, the national consumer price index rose by 0.1% year-on-year. Urban areas saw a 0.1% increase, while rural areas remained stable; food prices decreased by 0.5%, non-food prices increased by 0.2%; consumer goods prices decreased by 0.2%, and service prices increased by 0.5%.
In December, the national consumer price index remained stable month-on-month. Urban areas remained stable, while rural areas decreased by 0.1%; food prices decreased by 0.6%, non-food prices increased by 0.1%; consumer goods prices decreased by 0.1%, and service prices increased by 0.1%.
Throughout 2024, the national consumer price index rose by 0.2% compared to the previous year.
I. Year-on-year changes in prices of various goods and services
In December, the prices of food, tobacco, and alcohol remained stable year-on-year. Among them, fresh fruit prices fell by 3.0%, affecting the consumer price index (CPI) to decrease by about 0.06 percentage points; grain prices fell by 1.3%, affecting the CPI to decrease by about 0.02 percentage points; the prices of livestock meat rose by 1.7%, affecting the CPI to increase by about 0.05 percentage points, with pork prices rising by 12.5%, affecting the CPI to increase by about 0.15 percentage points; aquatic product prices rose by 1.0%, affecting the CPI to increase by about 0.02 percentage points; and fresh vegetable prices rose by 0.5%, affecting the CPI to increase by about 0.01 percentage points.
The prices of the other seven categories rose in five and fell in two year-on-year. Among them, prices of other goods and services and clothing rose by 4.9% and 1.2% respectively, while prices of education, culture, entertainment, and health care services all rose by 0.9%, and housing prices rose by 0.1%; transportation, communication, and daily necessities and services prices fell by 2.2% and 0.7% respectively.
II. Month-on-month changes in prices of various goods and services
In December, the prices of food, tobacco, and alcohol decreased by 0.3% month-on-month, affecting the CPI to decrease by about 0.09 percentage points. Among them, fresh vegetable prices fell by 2.4%, affecting the CPI to decrease by about 0.05 percentage points; the prices of livestock meat fell by 1.3%, affecting the CPI to decrease by about 0.04 percentage points, with pork prices falling by 2.1%, affecting the CPI to decrease by about 0.03 percentage points; and fresh fruit prices fell by 1.0%, affecting the CPI to decrease by about 0.02 percentage points.
The prices of the other seven categories rose in four, stayed the same in two, and fell in one month-on-month. Among them, prices of daily necessities and services and transportation and communication both rose by 0.3%, while prices of clothing and housing rose by 0.2% and 0.1% respectively; prices of education, culture, entertainment, and other goods and services remained stable; and health care prices fell by 0.1%.
This article is selected from the National Bureau of Statistics, GMTEight, edited by Chen Wenfang.