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China's November CPI rises 0.6%, ending nine months of fall


Post Date: 12 Dec 2009    Viewed: 617

China's consumer price index (CPI), a main gauge of inflation, rose 0.6 percent year on year in November, the National Bureau of Statistics (NBS) announced Friday.


It is the first monthly growth since January, before the CPI dropped 1.6 percent in February.


The producer price index (PPI), a major measure of inflation at the wholesale level, declined 2.1 percent in November from a year earlier, according to the NBS.


The rate of decline was 3.7 percentage points lower than that in October, which was down 5.8 percent year on year.


The CPI fell 0.9 percent in the first 11 months, compared with a 6.3 percent rise in the corresponding period last year.


Retail commodity prices in urban areas were up 0.4 percent and in rural areas they rose 0.9 percent year on year last month, Sheng Laiyun, an NBS spokesman, told a press conference.


Food prices, which account for about a third of the CPI, went up by 3.2 percent year on year in November, while non-food prices dropped 0.7 percent.


China's new loans rise to 294.8 bln yuan in November


BEIJING, Dec. 11 (Xinhua) China's new yuan-denominated lending in November rose to 294.8 billion yuan (43.2 billion U.S. dollars) from October's 253 billion yuan, the People's Bank of China, the central bank, said Friday. Full story


China's electricity power production up 26.9% in November


BEIJING, Dec. 11 (Xinhua) China's electricity power production increased by 26.9 percent in November year on year, the National Bureau of Statistics said Friday.


In October, the country's power production climbed 17.1 percent. Full story


China's industrial output up 19.2% in November


BEIJING, Dec. 11 (Xinhua) China's industrial output growth accelerated to 19.2 percent in November year on year, following a 16.1 percent increase in October, data from the National Bureau of Statistics showed Friday. Full story


China urban fixed-asset investment up 32.1% in first 11 months


BEIJING, Dec. 11 (Xinhua) China's urban fixed-asset investment rose 32.1 percent in the first 11 months, the National Bureau of Statistics said Friday. Full story


China's retail sales up 15.8% in November


BEIJING, Dec. 11 (Xinhua) China's retail sales rose 15.8 percent year on year in November, the National Bureau of Statistics (NBS) announced at a press conference on Friday. Full story


Special Report: Global Financial Crisis


Superhard Material of China

Superhard Material of China

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Abrasives and Grinding Products of China

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Coated Abrasives of China

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