China Nov CPI up 2.4 percent year-on-year to 21 months hit a new low
December 11, the China National Bureau of Statistics released economic data in November. Data showed that the consumer price index (CPI) rose 2.4 percent year-on-year, reaching the lowest level in 21 months. Statistics show that in November, the consumer price index rose 2.4 percent year-on-year. Among them, the city rose 2.2 percent in rural areas rose 2.9 percent; food prices rose 5.9 percent, and non-food prices rose 0.6 percent; consumer goods prices rose 3.1 percent, prices of services rose 0.3 percent. From the ring than on, the consumer price level than the 0.8 percent decline in October; food prices fell 1.0 percent, 1.8 percent decline in prices of fresh vegetables, fresh eggs fell 4.8 percent. January 2007 CPI or 2.20 percent, in February 2007 rose to 2.70 percent. November 2008 CPI was up 2.4 percent year-on-year, a record since February 2007 has been a new low. November CPI growth fell to 2.4 percent, is entered in 2008 in a row since the first seven months of decline. The previous three months, while China's CPI data is still 4 percent higher than the warning level, but if we look at the data link, China's CPI began in August giving rise to a negative growth was flat in September, once again a negative growth in October, November has been dropped to alert Line.