China-CPI/PPI

China's consumer, producer prices see modest rise in July

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Shotlist


Shanghai, China - Recent (CCTV - No access Chinese mainland)
1. Various of produce for sale at market
2. Various of eggs for sale
3. Various of pork for sale

Beijing, China - Aug 9, 2018 (CCTV - No access Chinese mainland)
4. SOUNDBITE (Chinese) Dong Yaxiu, Circulation and Consumption Prices Section, Urban Surveys Department, National Bureau of Statistics (partially overlaid with shots 5-6/ending with shot 7):
"July is right in the middle of summer vacation. There's a growing number of travelers which leads to price increases in plane tickets, travel agency fees and accommodation. This is the main reason for the rise in CPI. Generally, the CPI fluctuates around two percent, a relatively steady range."

Shijiazhuang City, Hebei Province, north China - Recent (CCTV - No access Chinese mainland)
++SHOT OVERLAYING SOUNDBITE++
5. Passengers at airport check-in
6. Plane flying
++SHOT OVERLAYING SOUNDBITE++

Hohhot City, Inner Mongolia Autonomous Region, north China - Aug 8, 2018 (CCTV - No access Chinese mainland)
7. Various of stage performances; audience

Anhui Province, east China - Recent (CCTV - No access Chinese mainland)
8. Various of copper plates being produced
9. Copper plates
10. Various of robots working in factory
11. Various of machines in factory

Storyline


China's consumer prices and producer prices both rose modestly in July, according to data released by the National Bureau of Statistics (NBS) on Thursday.

The consumer price index (CPI), a main gauge of inflation, rose 2.1 percent year on year in July, compared with 1.9 percent for June, the data showed.
Food prices went up 0.5 percent year on year, with prices of eggs, poultry and vegetables growing, and prices of pork and edible oil dropping. Non-food prices pushed the inflation rate higher, increasing 2.4 percent year on year, with medical and health care, transportation and communications, and educational, cultural and recreational prices all increasing.

"July is right in the middle of summer vacation. There's a growing number of travelers which leads to price increases in plane tickets, travel agency fees and accommodation. This is the main reason for the rise in CPI. Generally, the CPI fluctuates around two percent, a relatively steady range," said Dong Yaxiu from the Circulation and Consumption Prices Section of NBS's Urban Surveys Department.

China is aiming to keep annual CPI growth at around three percent this year, the same as the target for 2017.

The producer price index (PPI), which measures costs for goods at the factory gate, rose 4.6 percent year on year in July, slightly slowing from the 4.7 percent increase in June, according to the NBS.

Ferrous and nonferrous metal smelting and pressing saw slower producer price growth.

Producer prices in oil and natural gas exploration surged 42.1 percent year on year. Oil, coal and other fuel processing posted a 24.6 percent increase in producer prices. Prices for equipment manufacturing and high-tech products also increased.

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  • ID : 8087614
  • Published : 2018-08-10 09:27
  • Last Modified : 2018-08-10 17:36:53
  • Location : China
  • Category : economy, business and finance
  • Duration : 1'19
  • Audio Language : Chinese/Nats/Part Mute
  • Source : China Central Television (CCTV)
  • Restrictions : No access Chinese mainland
  • Version : 1
  • ID : 8087614
  • Published : 2018-08-10 14:04
  • Last Modified : 2018-08-10 17:36:53
  • Location : Chine
  • Category : economy, business and finance
  • Duration : 1'19
  • Audio Language : Chinois/Nats/Partiellement muet
  • Source : China Central Television (CCTV)
  • Restrictions : Pas d’accès dans la partie continentale de Chine
  • Version : 1
  • ID : 8087614
  • Published : 2018-08-10 16:47
  • Last Modified : 2018-08-10 17:36:53
  • Location : الصين
  • Category : economy, business and finance
  • Duration : 1'19
  • Audio Language : الصينية/ بعضها بلا صوت طبيعي
  • Source : China Central Television (CCTV)
  • Restrictions : No access Chinese mainland
  • Version : 1
  • ID : 8087614
  • Published : 2018-08-10 17:34
  • Last Modified : 2018-08-10 17:36:57
  • Location : Шанхай, Пекин,Китай;Шицзячжуан,Хэбэй,Китай;Хух-Хото,АР Внутренняя Монголия,Китай
  • Category : economy, business and finance
  • Duration : 1'19
  • Audio Language : Китайский/Естественный звук/Частично немое
  • Source : China Central Television (CCTV)
  • Restrictions : Недоступно материковой части Китая
  • Version : 1
  • ID : 8087614
  • Published : 2018-08-10 15:49
  • Last Modified : 2018-08-10 17:36:53
  • Location : China
  • Category : economy, business and finance
  • Duration : 1'19
  • Audio Language : Chinese/Nats/Part Mute
  • Source : China Central Television (CCTV)
  • Restrictions : No acceso a la parte continental de China
  • Version : 1
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