National Bureau of Statistics: In December 2024, the CPI increased by 0.1% year-on-year.
In the entire year of 2024, the national resident consumer price index increased by 0.2% compared to the previous year.
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.
Related Articles

The Trump administration is considering imposing tariffs on imported drugs, warning the American pharmaceutical industry that it may increase drug costs.

U.S. stocks, U.S. bonds, and Bitcoin rebound strongly, but skeptics closely watch for "signs of U.S. economic collapse".

Gold rising and falling triggers doubts about its peak, silver may welcome a rally.
The Trump administration is considering imposing tariffs on imported drugs, warning the American pharmaceutical industry that it may increase drug costs.

U.S. stocks, U.S. bonds, and Bitcoin rebound strongly, but skeptics closely watch for "signs of U.S. economic collapse".

Gold rising and falling triggers doubts about its peak, silver may welcome a rally.

RECOMMEND

Pan Gongsheng: Will implement a moderately loose monetary policy to promote high-quality development of the Chinese economy.
25/04/2025

Canadian Prime Minister Trudeau: No rush to reach agreement with Trump, US side eventually needs to face reality.
25/04/2025

Alphabet (GOOG.US, GOOGL.US) first quarter revenue and profits exceed expectations, driven by AI and cloud computing performance growth.
25/04/2025