National Bureau of Statistics announced July data CPI for 6 consecutive months of negative growth

The National Bureau of Statistics announced the monthly economic data for July at the Beijing Media Center in Beijing. This is the first press conference after the statistical bureau released the system reform.

According to the three key data disclosed at the press conference, the consumer price (CPI) in July fell by 1.8% year-on-year, achieving negative growth for six consecutive months; the industrial product price (PPI) fell by 8.2% year-on-year; the total retail sales of consumer goods was 993.7 billion. Yuan, a year-on-year increase of 15.2%, down 8.1 percentage points.

In addition, the added value of industrial enterprises above designated size increased by 10.8% year-on-year in July, down 3.9 percentage points from the same month of the previous year. From January to July, China's urban fixed assets investment was 9.5392 trillion yuan, an increase of 32.9%, an increase of 5.6 percentage points over the same period of the previous year and 0.7 percentage points lower than the first half.

The National Development and Reform Commission announced on the 10th that in order to timely and comprehensively meet the needs of the public for China's major economic statistics, the National Bureau of Statistics began its monthly statistical data press conference on the basis of annual and quarterly press conferences since August this year. . The main economic statistics such as last month's industrial production, fixed asset investment, consumer goods market, consumer price and industrial product ex-factory price will be released on the 11th of each month. Holidays are postponed, except for quarterly data releases.) The above economic statistics for the corresponding month planned in the 2009 National Bureau of Statistics Economic Statistics Information Release Calendar will not be released separately.

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