Global EditionASIA 中文双语Français
Business
Home / Business / Macro

China's CPI up 2.2%, PPI up 2.7% in November

Xinhua | Updated: 2018-12-09 10:03
Share
Share - WeChat
Shoppers select fruits at a supermarket in Lianyungang, Jiangsu province, Sept 10, 2018. [Photo/Xinhua]

BEIJING -China's consumer price index (CPI), a main gauge of inflation, rose 2.2 percent year on year in November, down from 2.5 percent in October, the National Bureau of Statistics (NBS) said Sunday.

Food prices climbed 2.5 percent year on year, contributing to a 0.49-percentage-point increase of the overall CPI growth, the bureau said.

The price of pork continued to slump in November, down 1.1 percent year on year, dragging down CPI growth by 0.03 percentage points.

Prices for health care gained 2.6 percent year on year, and education, culture and entertainment rose 2.5 percent, while prices for housing, and transport and communication rose 2.4 percent and 1.6 percent, respectively, the NBS said.

Non-food prices saw a 2.1-percent gain year on year in November, slowing from 2.4 percent last month.

On a monthly basis, the CPI dipped 0.3 percent from October.

In the Jan-Nov period, the CPI gained 2.1 percent from the previous year, well below the government's target ceiling of 3 percent for 2018, data from the NBS showed.

Sunday's data also showed producer price index (PPI), which measures costs for goods at the factory gate, rose 2.7 percent year on year in November, with the growth declining for five consecutive months.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE