In April 2022, China’s CPI rose by 0.4% month-on-month and 2.1% year-on-year due to the epidemic domestically and rising commodity prices internationally.

Authorities from regions took multiple measures to stabilize the supply and price. Core CPI, excluding food and energy prices, was stable and rose by 0.9% year on year, 0.2 percentage points lower than last month. From January to April, the national consumer price index rose by 1.4% on average year-on-year.

In April, food, tobacco and alcohol prices rose 0.7% month-on-month, contributing about 0.19 percentage points to the CPI increase.

In food, the prices of tubers, eggs and fresh fruits rose by 8.8%, 7.1% and 5.2% respectively, due to the rising logistics costs and the increased demand for stockpiling during the epidemic.

Pork prices rose 1.5 percent from a 9.3 percent drop last month, because of the adjusted production capacity of hogs and several rounds of the central frozen pork reserve.