Statistics released by the Bureau of Statistics recently showed that in May 2012, the national consumer price level rose by 3.0% year-on-year, setting a new low since June 2010. Experts pointed out that China's economy is decelerating, demand is decreasing, commodity prices continue to be weak, prices are not rising, and the downward trend of CPI will continue. CPI's new low food prices continue to rise in the past two years Statistics released by the Bureau of Statistics show that in May 2012, the national consumer price level rose by 3.0% year-on-year, setting a new low since June 2010. Among them, food prices rose by 6.4%, non-food prices rose by 1.4%; consumer prices rose by 3.6%, and service items rose by 1.7%. From January to May, the national consumer price level rose by 3.5% over the same period last year. In the year-on-year changes in the prices of various types of goods and services, food prices still rose the most. Data show that food prices in May rose by 6.4% year-on-year, affecting the overall level of consumer prices rose by about 2.02 percentage points year-on-year. Among them, the price of fresh vegetables rose by 31.2%, the biggest increase. For the recent rally, the price of eggs has dropped by 9.8% year-on-year, affecting the overall level of consumer prices by about 0.08 percentage points. Pork, which is more sensitive to the people, also fell 0.6% from the same period last year. Experts said that the CPI in May was in line with the expected economist in June or returning to the "2 era" . Yanjing University President Hua Sheng said in an interview with Zhongxin.com's financial channel that CPI will continue its downward trend. Watson said that the CPI decline in May was in line with expectations. He said that there are two main reasons for the decline in CPI: First, China's economic slowdown, reduced demand, and a calming effect on prices; second, the international market turmoil, continued weakness in commodity prices, is also conducive to the decline in CPI. Watson said: "Because the above two phenomena will continue for some time, there is no upward pressure on prices, so the trend of CPI decline will continue." The National Development and Reform Commission issued a notice on the 8th, reducing the price of gasoline and diesel by 530 yuan per ton. And 510 yuan. Lin Boqiang, director of the Energy Economic Research Center of Xiamen University, said in an interview with Zhongxin.com's financial channel that the decline in refined oil products is within the forecast range, and the sharply lowered price of refined oil products will also benefit domestic CPI.
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