Chinese shares close lower after data release

Updated: 2011-12-09 16:54


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BEIJING - Chinese stock markets closed lower on Friday after the statistics released in the morning showed that the country's inflation further eased in November.

The benchmark Shanghai Composite Index closed down 0.62 percent, or 14.55 points, to close at 2,315.27.

The Shenzhen Component Index lost 1.05 percent, or 100.25 points, to close at 9,480.27.

The consumer price index (CPI), a main gauge of inflation, rose 4.2 percent year-on-year in November, further weakening from 5.5 percent in October due to falling food prices, the National Bureau of Statistics (NBS) said on Friday.