Related News
China's inflation slows to 1.9% in September
CHINA'S Consumer Price Index (CPI), the main gauge of inflation, grew 1.9 percent year on year in September, the National Bureau of Statistics (NBS) announced Monday.
The inflation eased from 2 percent, which was registered in August.
On a month-on-month basis, September's CPI grew 0.3 percent from the previous month, according to NBS data.
Food prices, which account for nearly one-third of the weighting in the calculation of China's CPI, rose 2.5 percent last month from one year earlier. This was down from the 3.4-percent year-on-year increase in August.
China's producer price index (PPI), which measures inflation at wholesale level, dropped 3.6 percent year-on-year in September. It marked the seventh straight month of decline after the PPI dropped in March for the first time since December 2009.
In the first nine months, the CPI grew 2.8 percent year-on-year on average, which further declined from the 3.3-percent rise in the first half of the year.
Xu Lianzhong, director of the Analysis and Prediction Office of the National Development and Reform Commission, predicted that the CPI was not likely to see a significant rebound in the remainder of the year.
Analysts also said that the country is poised to meet its target of keeping inflation under 4 percent for the full year.
The inflation eased from 2 percent, which was registered in August.
On a month-on-month basis, September's CPI grew 0.3 percent from the previous month, according to NBS data.
Food prices, which account for nearly one-third of the weighting in the calculation of China's CPI, rose 2.5 percent last month from one year earlier. This was down from the 3.4-percent year-on-year increase in August.
China's producer price index (PPI), which measures inflation at wholesale level, dropped 3.6 percent year-on-year in September. It marked the seventh straight month of decline after the PPI dropped in March for the first time since December 2009.
In the first nine months, the CPI grew 2.8 percent year-on-year on average, which further declined from the 3.3-percent rise in the first half of the year.
Xu Lianzhong, director of the Analysis and Prediction Office of the National Development and Reform Commission, predicted that the CPI was not likely to see a significant rebound in the remainder of the year.
Analysts also said that the country is poised to meet its target of keeping inflation under 4 percent for the full year.
- About Us
- |
- Terms of Use
- |
-
RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔$粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.