Business Intelligence on Retailing, Franchising, and Consumerism in China

China's Consumer Price Index Keeps Growing

According to the National Bureau of Statistics of China, in November the consumer price index was up by 6.9 percent over the same month last year.

Within that figure, urban area and rural area rose 6.6 and 7.6 percent, respectively. The price of foodstuff, non-foodstuff, consumable and services expanded 18.2, 1.4, 8.4 and 2.3 percent, respectively. CPI made 0.7 percent growth over that in October.

In terms of different categories, the price of foodstuff increased 18.2 percent. Of the total, the price of grain was up by 6.6 percent; that of oil or fat, meat, poultry and their products, pork, fresh eggs, aquatic products, fresh vegetables, fresh fruits, and flavoring rose by 35.0, 38.8, 56.0, 10.0, 6.8, 28.6, 12.9 and 4.0 percent, respectively.

The price of tobacco, liquor and articles jumped by 1.8 percent over the same period of the previous year. Of which, the price of tobacco and liquor climbed 0.6 and 4.1 percent respectively.

The price of clothing was down by 1.4 percent year-on-year. Of which, the price of garments dropped 1.4 percent.

From January to November, the general level of CPI increased 4.6 percent year-on-year.

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