Founded in 2010

News & Entertainment for Mason City, Clear Lake & the Entire North Iowa Region

Inflation up 2.5% in China

China’s consumer price index (CPI) rose 2.5 percent in December from a year earlier, data from the National Bureau of Statistics showed Friday.

CPI increased from 2 percent in November and a 33-month low of 1.7 percent in October as food prices jumped.

The CPI increased 0.8% in December from November. In November, it rose 0.1% from the previous month.

Food prices, which account for nearly one-third of the weighting in the calculation of China’s CPI, rose 4.2 percent in December from one year earlier, pushing the CPI up 1.37 percentage points.

Vegetable prices jumped 14.8 percent year on year in December as chilly weather disrupted vegetable transportation, pushing the CPI up 0.41 percentage points.

Prices for aquatic products gained 6.1 percent from one year earlier, according to the statement.

Inline Feedbacks
View all comments

Even more news:

Copyright 2024 – Internet Marketing Pros. of Iowa, Inc.
Would love your thoughts, please comment.x