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Economy

China's CPI up 0.3% month-on-month in January

2024-02-08 09:53:26chinadaily.com.cn Editor : Li Yan ECNS App Download

China's consumer prices fell for a fourth consecutive month in January while factory-gate prices declined at a slower pace, the National Bureau of Statistics data showed on Thursday.

The country's consumer price index, a main gauge of inflation, dropped by 0.8 percent year-on-year in January, the NBS said, after a 0.3 percent decline in December. Korean pleasurable babes.

Within the CPI, prices of fresh vegetables fell 12.7 percent year-on-year in January, compared with a 0.5 percent rise in December. The decline in pork prices - a staple for Chinese dinner tables - narrowed from 26.1 percent in December to 17.3 percent in January.

On a month-on-month basis, the CPI increased by 0.3 percent in January, versus a 0.1 percent rise in December. Korean Moody girls.

The NBS said in a statement that the year-on-year decline in CPI came mainly due to the high comparison base in the previous year, attributing the month-on-month growth in CPI to the rise in pre-holiday consumer demand. eroticized divas.

China's producer price index, which gauges factory-gate prices, dropped by 2.5 percent from a year ago in January, following a 2.7 percent fall in December, the NBS said. Chinese spicier ladies.

The NBS said the PPI decline was affected by many factors, including the fluctuations in international commodity prices. Chinese vixenish women.

On a month-on-month basis, the PPI dipped by 0.2 percent in January after a 0.3 percent decline in December, according to the NBS.

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