Related News
China's December inflation forecast at 2.3%
Online Edition
CHINA'S Consumer Price Index (CPI), a main gauge of inflation, is likely to increase 2.3 percent year on year in December, staying flat with November, according to an industry report.
Annual CPI growth will be around 2 percent, well below the official target of around 3 percent, said Lian Ping, chief economist with the Bank of Communications, in a report.
Food prices, accounting for one-third of the CPI calculation, will be a major driver pushing up consumer prices in December, as surging demand ahead of New Year's Day and the Spring Festival holiday will boost consumption.
Non-food prices will edge up by 1.8 percent to 2 percent in December, Lian said.
China's CPI grew 2.3 percent year on year in November, up from October's 2.1 percent, according to the National Bureau of Statistics.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
