The supply of important commodities for people’s livelihood in China is sufficient, and the consumer price of residents is generally stable.

CCTV News:Pay attention to China’s economy. The National Bureau of Statistics today (July 9) released the national consumer price index CPI and the industrial producer ex-factory price index PPI for June and the first half of the year. The data show that the supply of important livelihood commodities in China is sufficient, and the consumer price operation is generally stable.

1-mdash this year; On average, the national consumer price rose by 1.7% in June compared with the same period of last year. From a single month in June, CPI rose by 2.5% year-on-year, an increase of 0.4 percentage points over the previous month, mainly due to the lower base last year.

In June, the ex-factory price of industrial producers turned flat from the previous month, rising by 6.1% year-on-year, and the growth rate continued to fall. From the first half of the year, the ex-factory price of industrial producers increased by 7.7% compared with the same period of last year.

Since the beginning of this year, international commodity prices have fluctuated at a high level, and the global inflation level has remained high. The price increases of some major economies have hit record highs for many years. For example, the CPI of the United States rose by 8.6% year-on-year in May, a record high in nearly 40 years, and the CPI of the euro zone rose by 8.6% in June, the highest since records began in 1997. China’s economy has been deeply integrated into the world economy, and high international inflation will objectively increase the pressure of imported inflation in China. The state has always given priority to stabilizing the overall price level, strengthened the construction of production, supply, storage and marketing systems in energy fields such as coal, and important livelihood commodities such as grain and vegetables, and continuously increased the efforts to ensure supply and stabilize prices, and achieved positive results.

Peng Shaozong, Deputy Director of the Price Department of the National Development and Reform Commission, First Inspector:Looking forward to the future, the supply capacity of China’s goods and services market is generally abundant, and the supply of important livelihood commodities such as grain, oil, meat, eggs, milk, fruits and vegetables is sufficient. The effect of ensuring supply and stabilizing prices of bulk commodities will continue to appear. We have the foundation, ability and confidence to continue to keep prices running in a reasonable range, and the expected target of CPI (Consumer Price Index) of about 3% for the whole year can be achieved.