The National Bureau of Statistics discusses the continuous expansion of the year-on-year growth rate of core CPI: mainly due to the effective implementation of special actions to boost consumption since the beginning of this year

Fu Linghui, spokesperson for the National Bureau of Statistics, chief economist, and director of the Comprehensive Statistics Department of the National Economy, stated at a press conference held by the State Council Information Office that the year-on-year increase in core CPI has continued to expand. This is mainly due to the effective implementation of special actions to boost consumption since the beginning of this year, which has gradually released the potential for goods and services consumption, enhancing the drive for prices. Additionally, the steady advancement of the construction of a unified domestic market and the legal and regulatory governance of disorderly competition among enterprises have also contributed to the increase in prices. (China.com)