Weekly strategy report: consumer price tracking - March 2022 issue 3

Core conclusion

Consumer goods price tracking weekly report, focusing on all non standardized price increases related to consumption, such as food and beverage, automobile, household appliances, clothing, transportation, luxury goods, etc. To understand the range, frequency and scope of price increases of consumer goods.

In the third week of March, we focused on monitoring the rise in the prices of three major categories of consumer goods: automobiles, daily necessities and refined oil. Specifically:

In terms of daily necessities, recently Shandong Sun Paper Co.Ltd(002078) announced that the shipping price of household paper base paper will be increased by 300 yuan / ton, which is the second increase in the price of household paper products in nearly a month.

In terms of automobiles, affected by the continuous sharp rise in the price of raw materials, the pressure on the cost side of new energy vehicles has increased, and the Chinese Shanxi Guoxin Energy Corporation Limited(600617) automobile market has set off the second round of price rise since this year. According to incomplete statistics, since the beginning of this year, more than 20 auto enterprises have raised the prices of nearly 50 models. From March 15 to March 18 alone, car manufacturers including Byd Company Limited(002594) , Chery, Tesla, Nezha, Xiaopeng, Geely, Zero run, Weima and ideal announced that they would raise the prices of their different models.

In terms of refined oil, affected by the rise of international oil prices, the national development and Reform Commission adjusted the price of China's refined oil from 24:00 on March 17, and the prices of gasoline and diesel increased by 750 yuan and 720 yuan per ton respectively. The price adjustment is the sixth price adjustment since this year, and it is also the largest price adjustment. After the price adjustment, gasoline and diesel prices continued to hit record highs respectively.

According to the statistics, since December 2021, the price increase frequency of various categories, automobile, food and beverage, transportation and household appliances occupy the top three respectively. The frequency of words appeared for the first time, including the frequency of words, the frequency of words, the frequency of words, the frequency of words, the frequency of words, the frequency of words, the frequency of words, the frequency of words, the frequency of words, the frequency of words, the frequency of words, the frequency of words, the frequency of words, the frequency of words, the frequency of words, the frequency of words, the frequency of words, the frequency of words, the frequency of words, the frequency of words, the frequency of words, the frequency of words, the frequency of words, the frequency of words, the frequency of words, the frequency of words, the frequency of words, the frequency of words, the frequency.

Risk warning: limited coverage of price increase categories; The price increase situation and time of publicity are inconsistent with the actual situation; There are differences in price changes among brands.

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