Year-on-Year CPI in March Shows 2.35% Increase: Guava More Costly at 50% Rise from Last Year, Overtaking the Cost of Eggs

The General Office of Accounting and Accounting announced today (11) the general consumer price index (CPI) in March, up 2.35% from the same month of last year, and the cumulative average from January to March this year, up 2.62% from the same period of last year. If compared with the same month last year, guava had the most fierce increase, with an increase of more than 50%, exceeding the 26.52% of eggs.

In March, the CPI rose by 0.24% from the previous month, mainly due to the decrease in the supply of eggs and the increase in the price of fruits. However, the price of vegetables fell due to the stable weather, and the price of fuel fell back with the drop in international oil prices. After the 228 holiday, hotel accommodation fees and tour group fees fell, offsetting part of the increase.

Compared with the same period last year, the CPI rose by 2.35% in March, mainly due to the increased demand for leisure and entertainment consumption, which pushed up the price of entertainment services, plus the prices of food, fruits, meat, eggs, rent, household items and personal care services. The increase was due to the rise, but the price of fuel, communication equipment and vegetables fell, offsetting part of the increase; if vegetables and fruits were deducted, it rose by 2.24%, and after excluding energy, the overall index (ie core CPI) rose by 2.55%.

However, eggs, which are seriously out of stock recently, are not the ones with the biggest increase among several important materials. The biggest increases are the price of guava, which has increased by 51.29%, eggs, which have increased by 26.52%, foreign tour group fees, which have increased by 22.84%, hotel accommodation fees, which have increased by 17.28%. Oils and conditioning oils rose 15.80%. In addition, pork prices, which have recently attracted attention, also rose by 7.32%. (Review: Ye Yiru)

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• Yahoo Finance Special Correspondent Wu Baiyu: 5 years of experience as a reporter, once worked as an online editor, and also ran across the technology industry and political lines, hoping to bring readers easy-to-read and practical financial reports with keen observation and cross-field perspectives.