Dec 09 - Sharp Decline in China’s Inflation Rate: CPI for Nov. 4.2% YoY

Source: Xinhua, ChinaScope Financial (Data)

+   According to the National Bureau of Statistics, China’s inflation rate, measured by the consumer price index (CPI), dropped to 4.2% year-on-year in November, compared with 7.5% in July and 5.0% in October.

+   Food prices rose 8.8% year-on-year in November, and non-food prices increased 2.2%.

+   The growth of ex-factory producer price index (PPI) also dropped, hitting 2.7% YOY.

+   Related Data: CPI, PPI

China’s inflation was lower in November.

For more data of CPI, please visit www.chinascopefinancial.com

Other News Headlines

• Sharp Decline in China’s Inflation Rate: CPI for Nov. 4.2% YoY
  USD/CNY Hits Lower Trading Limit for the Seventh Consecutive Day
  Poor Performance in Securities Industry, Securities Firms Cut Wages
  Corporate Bond at RMB 4.3 Trillion in 2010, Accounting for 10% of GDP
  Zhejiang: Small Loan Companies Have Lent out Nearly RMB 150 Billion in the Past Three Years

If you'd like to receive a daily e-mail update of ChinaScope Daily Dim Sum Newsletter, please contact us: newsletter@chinascopefinancial.com. If you'd like to try out ChinaScope Database, apply for a trial here.