According to data released by the National Bureau of Statistics on July 10th, the National Consumer Price Index (CPI) remained unchanged year-on-year in June; From January to June, the average consumer price of residents nationwide increased by 0.7% compared to the same period last year. Experts pointed out that in June, the consumer market remained stable, with CPI slightly decreasing month on month and remaining unchanged year-on-year. Throughout the year, with the steady expansion of market demand and the gradual increase in production supply, the supply-demand relationship is expected to remain generally stable, and household consumption prices will maintain a moderate increase. Since the beginning of this year, the year-on-year increase in consumer prices has generally declined, as service prices have shifted from a decrease to an increase. From the situation in June, the CPI increased by 0.2% from the previous month to remain unchanged. "Among them, food prices rose by 2.3%, 1.3 percentage points higher than last month." Dong Lijuan, chief Statistician of the Urban Department of the National Bureau of Statistics, said that in food, fresh vegetables, potatoes, fresh fruits and poultry meat prices rose more, up 4.3% -10.8%; The price of pork decreased by 7.2%, an increase of 4.0 percentage points compared to the previous month. Ding Yujia, a researcher at Zhixin Investment Research Institute, analyzed that in June, the increase in fresh vegetable prices was mainly affected by high temperatures and rainy weather, while the decrease in pork prices was affected by sufficient market supply and seasonal decrease in pork consumption. In addition, the overall supply of eggs, fresh fruits, and aquatic products is sufficient, with prices decreasing between 1.2% and 2.6% month on month. In terms of non food prices, the year-on-year decrease in June was 0.6% compared to the previous month, with a decrease of 0.1% compared to the previous month. The decrease was the same as the previous month. Dong Lijuan stated that from a month on month perspective, among non food products, due to the impact of the international oil price downturn, domestic energy prices have decreased by 0.7%, an increase of 0.5 percentage points compared to the previous month; Affected by factors such as the promotion activities of "618" merchants, the prices of industrial consumer goods excluding energy decreased by 0.3% from the same level last month; Service demand continues to recover, and service prices have increased by 0.1% from a decrease of 0.1% last month. According to calculations, in the year-on-year changes in CPI in June, the trailing effect of price changes from the previous year was approximately 0.5 percentage points, the same as last month; The new impact of price changes this year is about -0.5 percentage points, compared to -0.3 percentage points last month. The decline in PPI was affected by the decline in commodity prices. The data released by the National Bureau of Statistics on the same day also showed that in June, the Producer Price Index (PPI) of industrial producers decreased both month on month and year on year. Among them, the year-on-year decrease was 5.4%, with a decrease rate of 0.8 percentage points greater than the previous month; The month on month decrease was 0.8%, with a decrease of 0.1 percentage points narrower than the previous month. "The decline in PPI was mainly affected by the continued decline in the prices of oil, coal and other bulk commodities and the higher comparison base in the same period last year." Dong Lijuan said that from a year-on-year perspective, the price of Means of production fell 6.8%, an increase of 0.9 percentage points; The price of means of living decreased by 0.5%, with a decrease of 0.4 percentage points. Among the 40 major categories of industrial industries surveyed, 25 showed a decrease in prices, a decrease of 1 compared to the previous month. According to data from the National Bureau of Statistics, in June, the main industries were oil and gas extraction, petroleum coal and other fuel processing, chemical raw material and chemical product manufacturing, and coal