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China November CPI rises 3 pct year-on-year

12-09-2013 13:57 BJT Special Report: China's Economic Data |

China's consumer price index or CPI, a main gauge of inflation, has risen 3 percent year on year in November, down from 3.2 percent in October.

Last month, food prices rose 5.9 percent year on year, while prices of non-food products moved up 1.6 percent. Food prices account for about one-third of the CPI calculation.

In the first eleven months, CPI growth moved up 2.6 percent compared to the same period last year.

The data also shows China’s producer price index, which measures inflation at wholesale level, fell 1.4 percent year on year.

 

Editor:James |Source: CCTV.com

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