China consumer price index rises


Beijing, Aug 9 (IANS): China's consumer price index (CPI), a main gauge of inflation, rose to 1.6 percent in July, the highest level seen in 2015.

On a monthly basis, consumer prices edged up 0.3 percent in July, Xinhua quoted the National Bureau of Statistics (NBS) as saying on Sunday.

For the first seven months, CPI increased 1.3 percent year-on-year.

NBS statistician Yu Qiumei attributed the CPI hike to higher pork prices. Costs for medical care, vegetables, housekeeping, tobacco, education were also on the rise.

The Chinese government aims to keep its consumer inflation at around three percent for 2015.

  

Top Stories


Leave a Comment

Title: China consumer price index rises



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.