
China's consumer price index (CPI), a main gauge of inflation, grew 3.2 percent year on year in October, up from 3.1 percent in September, the National Bureau of Statistics (NBS) said on Saturday. In the first ten months, CPI growth stood at 2.6 percent on average, well below the government's full-year target of 3.5 percent, according to the state-run Xinhua news agency. Yu Qiumei, a senior statistician with the NBS, said the country's inflation remains generally stable. Yu attributed the rise in October mainly to a rebound in prices of non-food products, including clothing, home appliances and daily necessities. Last month, food prices dropped 0.4 percent month on month, while prices of non-food products rose 0.3 percent, according to the NBS. The NBS data also showed China's producer price index, which measures inflation at the wholesale level, fell 1.5 percent in October from a year ago.
GMT 09:54 2018 Tuesday ,23 January
Davos-bound bosses very upbeat on world economyGMT 09:37 2018 Tuesday ,23 January
Former KPMG executives charged in accounting oversight scamGMT 22:49 2018 Sunday ,21 January
Brexit special trade agreement possibleGMT 22:46 2018 Saturday ,20 January
China economy rebounds in 2017 with 6.9% growthGMT 22:37 2018 Saturday ,20 January
GE takes one-off hit of $6.2 bn linked to insurance activitiesGMT 19:58 2018 Saturday ,20 January
Watchmakers hope to make Chinese market tickGMT 19:54 2018 Saturday ,20 January
US shutdown unlikely to harm debt rating: FitchGMT 19:50 2018 Saturday ,20 January
EU's Moscovici slams Ireland, Netherlands as tax 'black holes'

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor