Share
Copied
A consumer shops in a supermarket in Nanjing, Jiangsu Province, China, December 9, 2022. /CFP
China's consumer price index (CPI) climbed 1.6 percent year on year in November, slowing from a 2.1 percent rise in October, while the factory gate prices remain fell by 1.3 percent, unchanged from the previous month, official data showed on Friday.
In November, the CPI turned from rising to falling month on month, with a smaller year-on-year rise, under combined impacts of domestic epidemic, seasonal factors, and a high base of comparison in the same period of last year, Dong Lijuan, a chief statistician from the National Bureau of Statistics (NBS) said in a statement.
The production price index (PPI) was down 1.3 percent from a year earlier, unchanged from October, according to NBS data.
There were price increases in coal, oil, and non-ferrous metals in November, leading to the slight month-on-month PPI rise of 0.1 percent, The continuous year-on-year fall is due to a high base of comparison from the same period of last year, Dong said.
Search Trends
SITEMAP
Copyright © 2023 CGTN. 京ICP备16065310号
Disinformation report hotline: 010-85061466
SITEMAP
Copyright © 2023 CGTN. 京ICP备16065310号
Disinformation report hotline: 010-85061466