National Development and Reform Commission: It is expected that the increase in PPI in the later period is expected to fall further

Author:China Economic Network Time:2022.06.16

China Economic Net, Beijing, June 16th Meng Wei, deputy director and spokesman of the Policy Research Office of the National Development and Reform Commission, said today that the production of important people's livelihood products such as grain, oil, meat, eggs, milk, fruits and vegetables in my country is stable and supply is sufficient, especially with the season Fresh agricultural products are listed in large quantities, and the market supply will continue to increase. In addition, the logistics blocking points of logistics from various places will have a significant increase in cross -regional transportation capacity. Stabilizing residents' consumer prices is solid. The expected goal of about 3%year. In terms of PPI, although geopolitical conflicts are still disturbing the international energy and grain market, domestic food independent self -sufficiency and coal resources can meet demand. In addition, the continuous efforts of maintaining stable and price policy are expected to further fall in the later PPI increase.

Meng Wei said that the smooth operation of domestic prices is achieved in the context of the continued high operation of international commodities and the general inflation pressure of other major economies around the world, and the achievements are not easy. In May, the US and British CPIs increased by 8.6%and 9%year -on -year, which continued to reach a new high of 40 years. The CPI of the euro zone increased by 8.1%year -on -year, a record high; many emerging economies of CPI increased by more than 10%, and a few countries. It even reached more than 50%. It can be said that my country's price level is much lower than that of major economies such as the United States and Europe, and it has continued to play an important "stabilizer" role in global prices.

The latest data show that in May, my country's prices continued to run smoothly, and the trend of upstream and downstream prices became more coordinated. Among them, the consumer price index (CPI) increased by 2.1%year -on -year, which was the same as last month, and decreased by 0.2%month -on -month; industrial producer price index (PPI) increased to 6.4%year -on -year 7 months fell.

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