Home / China

CPI reach 28-month high

By Wang Xiaotian | China Daily | Updated: 2010-12-12 08:45

CPI reach 28-month high

BEIJING - China's consumer price index of November rose by 5.1 percent year on year, the fastest clip in 28 months, giving rise to greater concern over tightening measures from both consumers and analysts.

The main gauge of inflation climbed by 0.7 percentage point from October's 4.4 percent, driven by an 11.7 percent surge in food prices, which accounted for a third of the CPI basket. A 5.8 percent hike in residential prices also fueled inflation, said the National Bureau of Statistics (NBS) on Saturday.

From January to November, China's CPI rose 3.2 percent year on year, surpassing the government's targeted ceiling of 3 percent for 2010.

CPI reach 28-month high

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349