B · Normal
[National Bureau of Statistics: Gasoline prices increased by 22.4% year-on-year in October, an increase of 5.8 percentage points from the previous month] On November 9, Dong Lijuan, chief statistician of the Urban Department of the National Bureau of Statistics, interpreted the CPI and PPI data for October 2026 and said that from a year-on-year perspective, the national CPI increased by 0.7%, and the increase was 0.2 percentage points lower than last month. Among them, gasoline prices rose by 22.4%, an increase of 5.8 percentage points from the previous month, affecting the CPI to increase by about 0.63 percentage points year-on-year, driving the increase in energy prices to expand from 7.3% last month to 9.9% this month. The price of industrial consumer goods excluding energy increased by 1.2%, a decrease of 0.4 percentage points from the previous month, affecting the CPI to increase by about 0.30 percentage points year-on-year. Among them, the prices of data storage equipment, tablets, computers and mobile phones increased by 45.4%, 29.3%, 23.0% and 16.7% respectively, and the four items combined affected the CPI to increase by about 0.26 percentage points year-on-year; the price of gold jewelry increased by 4.5%, an increase of 18.0 percentage points lower than last month, affecting the CPI to increase by about 0.02 percentage points year-on-year.
Economic data and interpretation 🕐 2026-11-09 09:47

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