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Beijing's CPI up 3.7% in March

Apr. 19, 2012 (China Knowledge) – Beijing saw its consumer price index (CPI) increased 3.7% year on year in March this year, according to the latest statistics released by the Beijing Statistics Bureau.

The food prices went up 9% year on year last month, driven by a 16.8% increase in meat, poultry and processed products prices and a 19.1% increase in fresh vegetable prices.

The prices of cigarettes, alcohol and related products climbed 3.3% year-on-year, mainly driven by a 7.1% increase in alcohol prices, while the prices of clothing increased 1.8% than a year earlier.

The prices of household appliances and maintenance services were down 3.3% from a year earlier. While the prices of personal and health care products increased 2.6% year-on-year in March.

There was an increase of 1% in the prices of transportation and telecommunications, an increase of 1% in the prices of entertainment and educational services category, and a 1.8% increase in the prices of housing costs.

In the first three months of this year, Beijing's CPI rose 4% year-on-year.






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