May National Economic Data: CPI Rose 3.1%
The National Bureau of statistics released the main indicators of the national economy in May. Data show that consumer prices (CPI) rose 3.1% compared to the same period, a decrease of 0.1%. The factory price (PPI) of industrial goods rose by 7.1% over the same period last year.
The following are the main indicators of national economy for May:
1. Steady and rapid growth of industrial production
In May, the added value of industrial products above designated size increased by 16.5% over the same period last year. The growth rate increased by 7.6 percentage points over the same month last year, down 1.3 percentage points from April. In 1-5 months, the industrial added value of above scale increased by 18.5%, and the growth rate increased by 12.2 percentage points over the same period last year, down 0.6 percentage points compared with that in 1-4 months.
According to the economic type, in May, state-owned and state holding enterprises grew by 16.8%, collective enterprises increased by 10.4%, shareholding enterprises increased by 18.3%, and foreign and Hong Kong, Macao and Taiwan investment enterprises increased by 14.7%. According to light industry, heavy industry increased by 17.8% in May, and light industry increased by 13.6%.
According to sub sectors, in May, 39 major sectors maintained year-on-year growth. Among them, the textile industry grew by 11.3%, the chemical raw materials and chemical products manufacturing industry increased by 17%, the non-metallic mineral products industry increased by 20.6%, the general equipment manufacturing industry increased by 20%, the transportation equipment manufacturing industry increased by 22.3%, the electrical machinery and equipment manufacturing industry increased by 21%, the communications equipment, computers and other electronic equipment manufacturing industry increased by 17.8%, the electricity and thermal production and supply industry increased 14.5%, and the ferrous metal smelting and calendering processing industry increased by 15.3%.
According to sub products, in May, 437 products of the 503 products grew year on year. Among them, 17 million 150 thousand tons of crude oil, an increase of 7%; electricity output of 340 billion 500 million kwh, an increase of 18.9%; crude steel 56 million 140 thousand tons, an increase of 20.7%; 173 million 580 thousand tons of cement, 18% growth; 1 million 458 thousand vehicles, an increase of 26.6%, of which cars were 719 thousand vehicles, an increase of 719 thousand.
Two, investment in fixed assets in cities and towns has maintained rapid growth.
In 1-5 months, investment in fixed assets in cities and towns was 67358 billion yuan, up 25.9% over the same period last year, down 0.2 percentage points from 1-4 months. Among them, state-owned and state holding investment amounted to 28064 billion yuan, an increase of 21.7%; real estate development investment was 13917 yuan, an increase of 38.2%.
From the perspective of project affiliation, in 1-5 months, the central project invested 540 billion yuan, an increase of 14.1% over the previous year, and the local project investment of 61958 billion yuan, an increase of 27%. In the registration type, 1-5 months, domestic enterprises invested 62261 billion yuan, an increase of 27.6% over the same period; Hong Kong, Macao and Taiwan invested 227 billion yuan, an increase of 14.7%; foreign investment 253 billion 900 million yuan, an increase of 2.3%.
According to the industry, in the 1-5 month, the investment in the primary industry increased by 16.1%, the investment in the second industry increased by 22.4%, and the investment in the third industry increased by 28.8%. In the industry, in the 1-5 month, the electricity and thermal production and supply industry invested 321 billion 400 million yuan, an increase of 8%; the oil and natural gas extraction industry invested 73 billion 800 million yuan, an increase of 5.9%; and the railway transportation industry invested 161 billion 100 million yuan, an increase of 20.4%.
From construction and new construction projects, 1-5 cumulative construction projects in 234805 months, an increase of 18385 over the same period, and a total investment of 355133 billion yuan in construction projects, an increase of 28.7% over the same period last year; 118090 new construction projects, a decrease of 5788 over the same period last year, and a total investment of new construction projects of 67419 billion yuan, an increase of 26.5% over the same period.
From the perspective of the funds in place, 1-5 months, the funds in place amounted to 91349 billion yuan, an increase of 33.8% over the same period. Among them, the national budget grew by 10.1%, domestic loans increased by 33.1%, self raised funds increased by 32.3%, and foreign capital utilization decreased by 6.8%.
Three, the total retail sales of consumer goods continued to grow steadily and rapidly.
According to the location of the business units, in May, the retail sales of urban consumer goods amounted to 10818 billion yuan, an increase of 19.1% over the same period last year, and the retail sales of rural consumer goods increased by 163 billion 700 million yuan, an increase of 15.8%.
According to the consumption pattern, in May, the restaurant income was 143 billion 400 million yuan, an increase of 16.7% over the same period, and retail sales of 11021 yuan, an increase of 18.9%. In retail sales, the retail sales of Enterprises above Designated Size amounted to 466 billion 900 million yuan, an increase of 31.1%.
Four, consumer price increases
In May, consumer prices rose by 3.1% over the same period. Among them, cities rose 2.9%, rural areas rose 3.3%, food prices rose 6.1%, non food prices rose 1.6%, consumer goods prices rose 3.4%, and services prices rose 1.8%. In 1-5, consumer prices rose 2.5% over the same period. In other words, in May, the prices of eight categories of commodities rose six and two respectively, of which food prices rose by 6.1% over the same period last year, and the prices of tobacco and liquor increased by 1.7% over the same period last year. Clothing prices decreased by 1.2% compared with the same period last year. Household equipment and maintenance services prices fell 0.3% over the same period last year. The prices of medical care and personal products increased by 3.2% over the same period last year, while traffic and communications prices rose 0.1% over the same period.
Five, factory prices of industrial products continue to rise.
In May, the factory price of manufactured goods increased by 7.1% compared with the same period last year, and the factory price of industrial products rose by 5.9% over the same period in 1-5. In May, producer prices rose by 8.8% year-on-year, of which 31.1% in the extractive industry, 13.8% in the raw materials industry, 3.6% in the processing industry, and 1.8% in the price of living goods, up 3.2% in the food category, 1.9% in clothing, 1.7% in general consumer goods, and 0.3% in durable consumer goods. In May, the factory price of manufactured goods rose by 0.6%.
In May, the purchase price of raw materials, fuel and power increased by 12.2% compared to the same period last year. The purchase price of raw materials, fuel and power increased by 10.8% in the 1-5 months. In May, the purchase price of nonferrous metals increased by 26%, fuel power increased by 23.4%, chemical raw materials increased by 7.8%, and ferrous metal materials increased by 10.9%.
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