China's November CPI up 0.6%
- Source: Global Times
- [10:20 December 11 2009]
- Comments
China's consumer price index (CPI), a main gauge of inflation, grew 0.6 percent year-on-year and rose 0.3 percent in November, according to the figures released by the National Bureau of Statistics (NBS) Friday.
The 0.6 percent ends the nine months of decline.
China's CPI fell 0.5 percent year-on-year in October and dipped 1.1 percent year-on-year in the first three three-quarters of this year.
According to a Xinhua report Thursday, analysts forecasted that the CPI in November will see a year-on-year growth between 0.5 percent to and 0.6 percent in November.
Zhu Baoliang, vice director of the economic forecast division under the State Information Center said the sweeping rain and snow and low temperatures since November had caused price hikes in food prices across the country.
Prices of agricultural products in the country's 36 major cities saw rises of 0.6 percent, 1.3 percent, and 1 percent for three consecutive weeks between Nov. 9 and Nov. 29, according to statistics by from the China's Ministry of Commerce (MOC).
China's November PPI down 2.1%
China loaned out 294.8b yuan in Nov.
China's industrial output jumps 19.2% in Nov.
China's November retail sales up 15.8%
China's October CPI drops 0.5%, PPI down 5.8%
China's PPI down 5.8% in October
China's industrial output up 16.1% in October
China's fixed-asset investment up 33.1% in first 10 months
China's October retail sales up 16.2%
China's Jan-Sept CPI down 1.1%
China's Jan-Sept PPI down 6.5%
