LINE

Text:AAAPrint
Economy

China's consumer inflation edges up to 2.3 pct in November

1
2021-12-09 11:21:30Xinhua Editor : Li Yan ECNS App Download

China's consumer price index, a main gauge of inflation, rose 2.3 percent year on year in November, data from the National Bureau of Statistics (NBS) showed Thursday.

The figure was higher than the 1.5 percent year-on-year growth recorded in October.

Specifically, food prices rebounded to climb 1.6 percent. The price of pork, a staple meat in China, saw contraction narrow to 32.7 percent, while the price of fresh vegetables hiked 30.6 percent last month, said senior NBS statistician Dong Lijuan.

Non-food prices rose 2.5 percent from a year earlier, up from an increase of 2.4 percent in October, said Dong.

China has set its consumer inflation target at approximately 3 percent for the year 2021, according to this year's government work report.

Thursday's data also showed that China's producer price index, which measures costs for goods at the factory gate, went up 12.9 percent year on year in November.

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

LINE
Back to top About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2021 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.
[网上传播视听节目许可证(0106168)] [京ICP证040655号]
[京公网安备 11010202009201号] [京ICP备05004340号-1]