China’s November inflation grows 1.5 percent

Beijing, Dec 9 (IANS) China’s consumer price index, a main gauge of inflation, grew 1.5 percent year on year in November, up from a rise of 1.3 percent in October, official data showed on Wednesday.

The reading was slightly higher than a 1.4 percent increase for the first 11 months, Xinhua cited the National Bureau of Statistics (NBS) as saying in a statement.

The NBS attributed the rise mainly to rising food prices, as vegetable prices surged 9.4 percent year on year last month, while prices for meat and poultry products rose 6.2 percent.

On a monthly basis, consumer prices stayed flat.

Last month, the producer price index, which measures wholesale inflation, plunged 5.9 percent year on year last month, marking the 45th straight month of decline and showing continued weak market demand.

Leave a Reply

Please enter your comment!

The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of or any employee thereof. is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here