The effect of measures to ensure supply and price stability continues to appear, and there are good conditions for market price stability.

  CCTV News:The State Council held a press conference on September 16th. At the press conference, Fu Linghui, spokesman of the National Bureau of Statistics, said that China’s market supply capacity is relatively strong, the effect of measures to ensure supply and stabilize prices will continue to appear, and there are good conditions for market price stability.

  In August, despite the influence of extreme weather such as high temperature and drought, the efforts to ensure supply and stabilize prices in the domestic market were gradually effective, the supply of domestic goods and services was generally sufficient, and the lagging influence of the downward trend of international oil prices was also emerging. In August, the consumer price changed from 0.5% in the previous month to 0.1% in the previous month, up 2.5% year-on-year, and the growth rate dropped by 0.2 percentage points from the previous month.

  From the ring comparison, the decline in consumer prices is due to the decline in the price increase of pork and fresh vegetables. The supply of live pigs was promoted in an orderly manner, and the slaughter of live pigs gradually recovered, which led to a decline in the price increase of pork. In August, the month-on-month increase in pork prices and vegetable prices dropped by 25.2 percentage points and 8.3 percentage points respectively.