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Shanghai CPI gains 4.9% to beat national figure
By Lu Nengneng |
February 16, 2012, Thursday
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Print Edition
Print Edition
SHANGHAI'S Consumer Price Index rose 4.9 percent in January from a year earlier, higher than the national 4.5 percent growth, according to the Shanghai Statistics Bureau on Tuesday.
Five out of the eight consumption expenditure categories covered by the CPI posted a price increase, the bureau said.
The sub-indices for food jumped 11.5 percent, housing rose 5.2 percent and apparel up 4.8 percent. The prices of alcohol and cigarettes rose 1.2 percent while those of home appliance and maintenance services added percent.
But health and personal care prices shed 0.7 percent. Transport and communications fees edged down 0.1 percent. The sub-index for entertainment, education, cultural products and services fell 0.4 percent.
Five out of the eight consumption expenditure categories covered by the CPI posted a price increase, the bureau said.
The sub-indices for food jumped 11.5 percent, housing rose 5.2 percent and apparel up 4.8 percent. The prices of alcohol and cigarettes rose 1.2 percent while those of home appliance and maintenance services added percent.
But health and personal care prices shed 0.7 percent. Transport and communications fees edged down 0.1 percent. The sub-index for entertainment, education, cultural products and services fell 0.4 percent.
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