[Dong Lijuan from the National Bureau of Statistics: CPI Year-on-Year Growth Rate Declined Due to the Lunar New Year Timing Effect and Changes in International Oil Prices Leading to a Larger Drop in Energy Prices] Jin10 News, February 11 – Dong Lijuan, Chief Statistician of the Urban Department at the National Bureau of Statistics, stated that the year-on-year growth rate of the CPI has declined, mainly due to the following two reasons: First, the timing effect of the Lunar New Year. Last year, January coincided with the Lunar New Year, leading to significant increases in food and certain service prices, resulting in a high base for comparison in the same period last year, which contributed to a larger decline in this month's year-on-year growth rate. Second, changes in international oil prices led to a larger drop in energy prices. In January, energy prices fell by 5.0%, contributing to a 0.34 percentage point decrease in the year-on-year CPI, with the downward impact on the CPI year-on-year growth rate increasing by approximately 0.06 percentage points compared to the previous month. Among these, gasoline prices fell by 11.4% year-on-year, with the decline expanding by 3.0 percentage points compared to the previous month.