Rising year-on-year and staying the same month-on-month. From the CPI data in October, my country’s overall price level remains stable.

CCTV news: Data released by the National Bureau of Statistics on the 9th showed that in October, the national consumer price index (CPI) continued to rise year-on-year, and the month-on-month increase turned to flat from the previous month. The overall price level in my country remained stable.

From a year-on-year perspective, in October, the national consumer price index (CPI) rose by 0.7% year-on-year. Among them, food prices fell by 2.9% year-on-year, non-food prices rose by 1.5% year-on-year, service prices rose by 0.7%, and consumer goods prices rose by 0.8%. Core CPI, which excludes food and energy prices, rose 0.8% year-on-year.

He Xiaoying, deputy director of the Analysis and Forecasting Department of the Price Monitoring Center of the National Development and Reform Commission, said that in terms of categories, the cross-regional transportation capacity of fresh vegetables and fresh fruits has improved, the supply is sufficient, and prices have declined year-on-year. The laying hens that were replenished in the early stage have gradually entered the peak of egg production, and egg consumption has entered the off-season. Egg prices have declined month-on-month, and the year-on-year increase has narrowed. The growing demand for life services such as elderly care, childcare, and housekeeping has driven up the price of household services. Prices of daily necessities and services increased year-on-year.

From a month-on-month perspective, CPI remained unchanged month-on-month in October. Among them, due to the impact of price changes in the international market, the increase in domestic gasoline prices fell back from the previous month; the increase in the number of people traveling during the National Day holiday drove service prices to increase from a decrease in the previous month.