Financial Markets
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks

 Search News  Or
China's CPI up 1.7% in Oct

Nov. 12, 2012 (China Knowledge) - China's consumer price index (CPI), the major gauge of inflation, has increased 1.7% YoY in October this year, according to statistics released by the National Bureau of Statistics (NBS).
The CPI growth last month was lower than the 1.9% increase in September.

The CPI in urban areas rose 1.8% YoY in October, while the CPI in rural areas increased 1.5% YoY, according to the statistics.
The NBS said food prices went up 1.8% YoY last month, driven by a 3.8% increase in grain prices, 4.7% increase in the prices of aquatic product, a 3.9% increase in the prices of fresh fruits and a 3.9% increase in edible oil. Meanwhile, the price of prices of meat, poultry and processed products saw widened declined of 4.7% YoY, with the price of pork dropping 15.8% YoY, which contributed a 0.6 percentage point decline to the overall CPI last month.

The prices of tobacco products, alcohol and related products climbed 2.0% YoY, mainly driven by a 4% increase in alcohol prices, while the prices of household appliances and maintenance services grew 1.5% from a year earlier.

The price of personal and health care products increased 1.8% YoY in October, while the price of clothing rose 2.7%, with a 3.0% increase in the price of garments and 1.7% increase in footwear.

There was an increase of 0.1% in the prices of transportation and communications, and an increase of 2.5% in housing costs that were driven by a 3.1% increase in housing rentals, 3.3% increase in the prices of water, electricity and fuels, and 0.3% increase in the prices of building and decoration materials.

In the first ten months, the country's CPI grew 2.7% YoY.

Add this     
Copyright © "2015"

Send feedback or comments to:

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services


 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved