Consumer price tracking – March 2022 issue 4

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 fourth week of March, we focused on monitoring the rise in the prices of five categories of consumer goods: electric vehicles, daily necessities, medicine, food and beverage and automobiles. Specifically:

In terms of electric vehicles, following the rising price of electric vehicles, the price of two wheeled electric vehicles also began to rise due to the rising price of lithium batteries in the upstream. Among them, the maverick electric vehicle will raise the retail guide price of the whole series of lithium battery products by 2001000 yuan on April 1.

In terms of daily necessities, Shandong Chenming Paper Holdings Limited(000488) , Jianghe paper have successively issued price increase letters to announce price increases.

In terms of food and drink, Leshi potato chips and Wuliangye Yibin Co.Ltd(000858) announced price increases recently. Among them, Leshi potato chips decided to raise the price due to the cost pressure of rising raw materials and labor costs, while the last round of price increase came from Leshi in May 2019. Meanwhile, Wuliangye Yibin Co.Ltd(000858) the recommended retail price of the eighth generation of puwu has also been raised from 1399 yuan per bottle to 1499 yuan, which is the same as the current recommended retail price of 53 degree flying Maotai.

In terms of medicine, after Angong Niuhuang Pill, Beijing Beijing Tongrentang Co.Ltd(600085) ‘s Xihuang Pill also announced a price increase.

In terms of automobiles, affected by the continuous rise in the price of upstream raw materials, the price rise trend of new energy vehicles continues. This week, two new energy vehicles announced price increases. In addition to the increase of all models of Zero run T03, SAIC GM’s Wuling Hongguang miniev and other series also announced price increases.

According to the statistics, since December 2021, the price increase frequency of various categories, automobile, food and beverage and transportation occupy the top three respectively. There are 27 automobile words, 15 food and drink words, 10 transportation words (mainly the price adjustment of refined oil), 8 household appliances words (including the first round of price increase in the air conditioning industry in 2022), 6 luxury words, 3 video words, 3 daily necessities words, 2 clothing words, 2 medicine words, 1 flower words and 1 consumer electronics words, The word frequency of electric vehicle appears once.

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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