On January 18th, the Guangdong Survey Team of the National Bureau of Statistics released multiple annual statistical data. The data shows that in 2023, the per capita disposable income of Guangdong residents was 49327 yuan, a year-on-year increase (unless otherwise specified, all are nominal year-on-year growth rates) of 4.8%; Excluding price factors, the actual growth is 4.4%. During the same period, the consumption prices of Guangdong residents increased by 0.4%, with a core CPI increase of 0.8% after deducting food and energy prices; The ex factory prices of industrial producers have decreased by 1.5%. Eight categories of consumer spending have all achieved positive growth. Looking at urban and rural areas, the per capita disposable income of urban residents is 59307 yuan, a year-on-year increase of 4.2%; The per capita disposable income of rural residents was 25142 yuan, a year-on-year increase of 6.5%. The per capita disposable income growth rate of rural residents is 2.3 percentage points faster than that of urban residents. According to sources of income, the four major categories of income have seen comprehensive growth. In 2023, the per capita wage income of Guangdong residents was 33663 yuan, a year-on-year increase of 4.5%; The per capita net operating income was 6328 yuan, a year-on-year increase of 5.9%; The per capita net income of property was 6412 yuan, a year-on-year increase of 5.0%; The per capita net transfer income was 2924 yuan, a year-on-year increase of 5.2%. In 2023, the per capita consumption expenditure of Guangdong residents was 34331 yuan, a year-on-year increase of 6.7%. Looking at urban and rural areas, the per capita consumption expenditure of urban residents was 39333 yuan, a year-on-year increase of 6.5%; The per capita consumption expenditure of rural residents was 22209 yuan, a year-on-year increase of 6.8%. According to consumption categories, all eight categories of consumer spending have achieved positive growth. Among them, the per capita expenditure on healthcare, transportation and communication, and education, culture, and entertainment among residents continued to grow in double digits in the first three quarters, with growth rates of 18.9%, 16.5%, and 10.7%, respectively; Clothing consumption expenditure, other goods and services consumption expenditure, residential consumption expenditure, daily necessities and services consumption expenditure, and food, tobacco and alcohol consumption expenditure increased by 9.5%, 9.2%, 5.3%, 3.5%, and 1.0%, respectively. In 2023, the Consumer Price Index (CPI) of Guangdong residents increased by 0.4% year-on-year, a decrease of 1.8 percentage points compared to 2022. The core CPI, excluding food and energy prices, increased by 0.8%, a decrease of 0.2 percentage points from 2022. From the monthly price trend, the month on month prices of CPI in 2023 have increased by 5, leveled by 1, and decreased by 6, with fluctuations ranging from -0.9% to 1.0%. The fluctuation range has slightly expanded compared to the previous year (-0.3% to 1.0%). The year-on-year prices in each month showed a trend of high in the front and low in the back, with fluctuations ranging from -0.4% to 2.7%, and the volatility was greater than in 2022 (1.5% to 3.1%). On a monthly basis, the CPI in January increased by 2.7% year-on-year; The growth rate continued to decline from February to May, reaching 0.8%, 0.8%, 0.6%, and 0.3% respectively; From June to December, the year-on-year fluctuations were at a low level, with fluctuations of -0.4%, -0.2%, 0.4%, 0.4%, 0.2%, -0.1%, and -0.3%, respectively. By classification, in 2023, the components of CPI