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Shanghai's CPI up 2% in Nov

Dec. 18, 2012 (China Knowledge) - Shanghai saw its consumer price index (CPI) increase 2% YoY in November, according to the latest statistics released by the Shanghai Statistics Bureau.

Last month the city saw its food prices increase 3.1% from a year earlier.

The prices of cigarettes, alcohol and related products climbed 1.2% YoY, while the prices of household appliances and maintenance services rose 2.1% from a year earlier.

The price of personal and health care products increased 1.3% YoY in November, and the price of clothing edge up 0.3% YoY.

According to the statistics, the city's housing prices rose 2.4% YoY last month, while the price of transportation and telecommunications increased 1.7% YoY.

In the first eleven months of this year, the city's CPI rose 2.9% YoY.

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