Current location:
China's CPI up 0.1 pct in March
Time:2024-05-16 17:32:07 Source:opinionsViews(143)
BEIJING, April 11 (Xinhua) -- China's consumer price index (CPI), a main gauge of inflation, edged up 0.1 percent year on year in March, official data showed Thursday. On a monthly basis, the CPI went down 1 percent in March, said the National Bureau of Statistics (NBS). NBS statistician Dong Lijuan attributed the changes in CPI data to seasonal easing of consumer demand and generally sufficient market supply in the month after the Spring Festival. Year-on-year CPI growth shrank 0.6 percentage points in March compared with the previous month, mainly due to the drop in food and travel service prices, Dong said. Overall, food prices went down 2.7 percent year on year in March, with the pace of decrease widening by 1.8 percentage points from February, according to the NBS. Prices of eggs, fresh fruits, beef and mutton fell 10.4 percent, 8.5 percent, 8.4 percent and 6 percent year on year, respectively. Non-food prices went up 0.7 percent year on year in March, compared to a 1.1-percent increase in the previous month, with prices of tourism services plummeting from a 23.1-percent growth to a 6-percent growth, and that of air tickets reversing the uptick to a decline of 14.7 percent. The core CPI, deducting food and energy prices, went up 0.6 percent year on year last month, maintaining a mild increase, according to the NBS. Thursday's data also showed that China's producer price index (PPI), which measures costs for goods at the factory gate, went down 2.8 percent year on year in March.
(Editor:Wang Su)
share to:
Previous:Young South Koreans are increasingly drawn to Buddhism via social media
Next:Kelly Clarkson forgets lyrics to song and suffers wardrobe malfunction during show
Kind tips:The above content and pictures are compiled from the Internet and are for reference only. I hope they will be helpful to you! If there is any infringement, please contact us to delete it.!
You may also like
- Marston Hefner brands Crystal Hefner a 'master manipulator' in damning attack on his father's widow
- How major US stock indexes fared Monday, 4/22/2024
- Paris mayor is confident that water quality will allow Olympic swimming in the River Seine
- Prince Louis birthday portrait taken by Kate Middleton is released on day he turns 6
- 70 years ago of school integration after Brown v Board
- Petrol surpasses 150p a litre
- Remains believed to be missing woman, daughter found at West Virginia home on same day suspect died
- Epiphanny Prince retires from basketball after a 14
- Pakistani court grants bail to Imran Khan in a graft case. But he won't be released just yet