Recently, we learned from Nanning Investigation Team of National Bureau of Statistics that the consumer price index (CPI) of Nanning during the first quarter of 2019 rose by 2.1% compared with that of last year. The overall operation was pretty good.
On a monthly basis, the characteristic of inverse U-shaped trend of CPI monthly price curve in Nanning was pretty obvious. Influenced by the demand increase before the Spring Festival in January, the price rose slightly and the range of increase was 0.3%; Influenced by the Spring Festival in February, the price increased apparently by 0.9%; the price in March decreased by 0.2% due to the demand regression after the Spring Festival. According to the research data of Nanning Investigation Team of National Bureau of Statistics, except for transportation and communication of eight major types of goods or services lowering by 2.2% compared with that of last year during the first quarter, the price of other seven major indexes of foods and tobacco and liquor, education and culture, entertainment, medical care, etc., rose in different degree. It is worth mentioning that the range of pricing increase in education and culture and entertainment was in first place during the first quarter of 2019 and the growth rate was 5.6%.