Related News

Home » Business

China's consumer inflation up 1.5 pct in May

CHINA'S consumer price index (CPI), a main gauge of inflation, rose 1.5 percent year on year in May, the National Bureau of Statistics (NBS) said Friday.

The expansion in May quickened from April's 1.2 percent, March's 0.9 percent and February's 0.8 percent. On a monthly basis, however, the CPI declined 0.1 percent, according to the NBS.

NBS attributed the pick-up in CPI to higher non-food prices, which grew 2.3 percent year on year in May.

Food prices, however, dropped 1.6 percent. Livestock meat and vegetable prices fell 7.8 percent and 6.3 percent from a year earlier respectively.


Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号

Email this to your friend