China's CPI falls 0.5% in October, decline rate narrows
www.chinaview.cn 2009-11-11 10:03:41   Print

Graphics shows China's consumer price index (CPI), a main gauge of inflation, dipped 0.5 percent year on year in October, the National Bureau of Statistics (NBS) said Nov. 11, 2009. (Xinhua/Zhang Liyun)
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    BEIJING, Nov. 11 (Xinhua) -- China's consumer price index (CPI),a main gauge of inflation, dipped 0.5 percent year on year in October, the National Bureau of Statistics (NBS) said Wednesday.

    The rate of decline was 0.3 percentage points lower than that in Septemper.

    The producer price index (PPI), a major measure of inflation at the wholesale level, dropped 5.8 percent in October from a year earlier, according to the NBS.

    The rate of decline was 1.2 percentage points lower than that in September.

    The CPI in urban and rural areas fell 0.7 percent and 0.1 percent respectively year on year last month, Sheng Laiyun, a spokesman of the NBS told reporters Wednesday.

    Food prices nationwide went up by 1.6 percent year on year in October, while non-food prices dropped 1.6 percent.

    These figures were in line with analysts' forecasts, Lian Ping, chief economist of the Bank of Communications, China's fifth largest lender, told Xinhua Wednesday.

    "The CPI month-on-month decrease rate continues to narrow, and we predict a CPI growth either in November or December in China," Lian said. 

China's GDP grows 7.7% in first nine months

    BEIJING, Oct. 22 (Xinhua) -- China's gross domestic product (GDP) grew 7.7 percent year on year in the first three quarters of this year, the National Bureau of Statistics said at a press conference Thursday.  Full story 

China's CPI falls 1.1% in 1st nine months 

    BEIJING, Oct. 22 (Xinhua) -- China's consumer price index (CPI),a main gauge of inflation, dipped 1.1 percent year on year in thefirst nine months of this year, the National Bureau of Statisticssaid Thursday.

     The September CPI was up 0.4 percent from the previous month.  Full story

China's PPI down 6.5% in first three quarters

    BEIJING, Oct. 22 (Xinhua) -- China's producer price index (PPI),a major measurement of inflation at the wholesale level, dropped 6.5 percent year on year in the first three quarters of this year, the National Bureau of Statistics said Thursday.

    The September PPI rose 0.6 percent from a month earlier. Full story

China's fixed-assets investment up 33.4% in first nine months

    BEIJING, Oct. 22 (Xinhua) -- China's fixed-assets investment rose by 33.4 percent in the first three quarters of 2009, the National Bureau of Statistics announced here Thursday.

    The figure was 6.4 percentage points higher than that of last year.  Full story

China's industrial output up 12.4% in Q3

    BEIJING, Oct. 22 (Xinhua) -- China's industrial output rose 12.4 percent in the third quarter this year from a year ago, the National Bureau of Statistics said at a press conference here Thursday.

    The figure increased 8.7 percent year on year in the first nine months.  Full story

China's retail sales up 15.1% in first three quarters

    BEIJING, Oct. 22 (Xinhua) -- China's retail sales in the first three quarters rose 15.1 percent year on year, or 17 percent after deducting price factors, to top 8.97 trillion yuan (1.31 trillion U.S. dollars), the National Bureau of Statistics said Thursday. Full story 

More Economic Data in Sept.

New Loans

Forex Reserve

Imports and Exports

516.7 billion yuan

$2.27 trillion

$218.94 billion

FDI

Housing Prices

Power Consumption

$7.9 billion

 2.8%

  10.24%

Special Report:  Global Financial Crisis


Editor: Anne Tang
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