By Yin Lei
China's Consumer Price Index (CPI) in June dipped by 0.1 percent month-on-month and rose by 1.9 percent year-on-year, an update by the National Bureau of Statistics (NBS) shows on Tuesday.
In June, the CPI was growing at a mildly faster pace over the rate of 1.8 percent in May, with the index up by 0.3 percent for food and 2.2 percent for other non-food items year-on-year. For consumer goods and services, the indexes increased by 1.5 percent and 2.4 percent respectively.
The index for food, tobacco and liquor went up by 0.8 percent year-on-year to contribute 0.25 percentage point to the 1.9 percent rise in the CPI.
The other seven categories of items all saw a year-on-year, with 5.0 percent for health care, 2.4 percent for transport and communications, 2.3 percent for residence, 1.8 percent for education, culture and recreation, 1.5 percent for household articles and services, 1.1 percent for clothing, and 0.9 percent for other items and services.
Of the 1.9 percent year-on-year rise in the CPI, price changes in 2017 are calculated to have exerted a 1.5 percentage point carryover effect, according to Sheng Guoqing, a senior statistician of the NBS.
For the first half of 2018, China's CPI went up by 2.0 percent over the same period last year.
On a monthly basis, the CPI in June maintained a stable month-on-month trajectory, with a decrease that was 0.1 percentage point less than in May.
Compared with the previous month, food, tobacco and liquor saw a decrease of 0.5 percent in June, which cut the CPI by 0.15 percentage point.
The indexes increased by 0.2 percent month-on-month for each of the three categories of residence, health care as well as education, culture and recreation.
Transport and communications experienced a rise of 0.3 percent, household articles and services witnessed an increase of 0.1 percent, and clothing underwent a decrease of 0.2 percent.
For other items and services, no month-on-month change was observed in June.
