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    Economy

    China's CPI up in October

    1
    2019-11-09 19:17:14Xinhua Editor : Mo Hong'e ECNS App Download

    China's consumer price index (CPI), a main gauge of inflation, rose 3.8 percent year on year in October, the National Bureau of Statistics said Saturday. 

    The growth rate, which was up from 3 percent in September, was the highest so far this year.

    Food prices grew 15.5 percent year on year last month, up from 11.2 percent in September, while non-food prices gained 0.9 percent, 0.1 percentage points lower than that of September.

    Pork prices rose 101.3 percent year on year last month, while vegetable prices saw a 10.2-percent drop from a year ago.

    The CPI in urban and rural areas posted a year-on-year growth of 3.5 percent and 4.6 percent, respectively.

    In the first 10 months of the year, consumer prices on average rose 2.6 percent from a year earlier, the bureau said.

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