China's Inflation Rises to 2.5% in December


In December, the consumer price index (CPI) went up by 2.5 percent year-on-year. In December, the month-on-month change of consumer prices was up by 0.8 percent.

The prices grew by 2.5 percent in cities and 2.5 percent in rural areas. The food prices went up by 4.2 percent, while the non-food prices increased by 1.7 percent. The prices of consumer goods went up by 2.5 percent and the prices of services grew by 2.5 percent. In 2012, the overall consumer prices were up by 2.6 percent over the same period of the previous year. In December, the month-on-month change of consumer prices was up by 0.8 percent, of which, prices increased 0.8 percent in cities and 0.9 percent in rural areas. The food prices went up by 2.4 percent, the non-food prices kept at the same level (the amount of change was 0). The prices of consumer goods increased 1.1 percent, and the prices of services kept at the same level.


NBS | Nuno Fontes | nuno@tradingeconomics.com
1/11/2013 9:20:04 AM