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CPI Rose 1.7% in November over the Same Month Last Year

Submit Time:08-01-2018 | Zoom In | Zoom Out

Author: | Source:People’s Daily (December 10, 2017)

Abstract:

The statistics released by the National Bureau of Statistics on December 9 show that the national CPI rose 1.7% in November over the same month last year, 0.2 percentage points lower than the previous month. Between January and November, the national general consumer price level rose 1.5% on average over the same period last year. 

Among the eight types of goods and services in the CPI structure, seven became more expensive and one became less expensive in November. In the month, the price level of food, tobacco and liquor dropped 0.2% over the same month last year, lowering the CPI by about 0.05 percentage points; the price level of fresh vegetables dropped 9.5%, lowering the CPI by about 0.25 percentage points; the price level of livestock meat dropped 4.8%, lowering the CPI by about 0.23 percentage points (the price level of pork dropped 9%, lowering the CPI by about 0.25 percentage points); the price level of eggs rose 5.6%; the price level of fresh fruits rose 3.7%; the price level of aquatic products rose 3.2%. 

In November, the price levels of the other seven types all rose over the same month last year. Among them, the price levels of health care, residence, and education, culture and recreation rose 7%, 2.8% and 2% respectively, the price levels of other articles and services, and living goods and services rose 1.7% and 1.5% respectively, and the price levels of transportation and communications, and clothing rose 1.3% and 1.2% respectively. 

The statistics released on that day also show that the national PPI rose 5.8% in November over the same month last year, 1.1 percentage points lower than the previous month. 


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