Beijing February CPI Rises Month-on-Month, Year-on-Year Increase Expands

K-LinePoet · 2026-03-17T14:43:36+00:00

In February 2026, Beijing residents' consumer price index (CPI) rose 0.9% month-on-month, with year-on-year growth expanding to 1.4%. Food prices increased 1.7%, driven by higher demand for fresh vegetables and meat. Non-food prices rose 0.7%, with industrial consumer goods affected by international commodity prices, and gold jewelry prices surging significantly by 76.9%.

K-LinePoet

2026-03-17 14:43:36

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According to data released by the Beijing Investigation Team of the National Bureau of Statistics, in February 2026, due to the influence of the Spring Festival, the city’s Consumer Price Index (CPI) increased month-on-month and the year-on-year growth rate widened. Month-on-month, the CPI rose by 0.9%. Among them, food prices increased by 1.7%. During the holiday period, demand for food increased, causing fresh vegetable prices, which had decreased by 4.3% last month, to rise by 4.9%, contributing approximately 0.08 percentage points to the CPI increase; prices for aquatic products, pork, eggs, beef, and mutton rose between 2.1% and 3.6%, collectively contributing about 0.09 percentage points to the CPI increase. Non-food prices increased by 0.7%, impacting the CPI by approximately 0.64 percentage points. Among non-food items, industrial consumer goods prices rose by 0.4%, with gold jewelry prices increasing by 5.7% and gasoline prices rising by 3.2%, together contributing about 0.10 percentage points to the CPI increase. Year-on-year, influenced by the overlapping effects of the Spring Festival and the recovery of consumer demand, the CPI growth rate expanded from 0.1% last month to 1.4%. Non-food prices increased by 1.4%, with the growth rate expanding by 1.3 percentage points compared to the previous month. Among non-food items, industrial consumer goods prices rose by 1.7%, with gold jewelry prices increasing by 76.9%.

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