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China's Consumer Inflation Rises to 2 Percent in November
Published in Saudi Press Agency on 09 - 12 - 2012

China's main measure of consumer price inflation rose to 2 percent year-on-year in November, up from 1.7 per cent in October, dpa quoted the government as saying Sunday.
Food prices, which account for about one-third of the index, rose 3 per cent in November from one year earlier, after a 1.8-per-cent rise in September, the National Bureau of Statistics said Sunday.
Vegetable prices jumped 11.3 per cent year-on-year in November as cold weather disrupted supplies.
The producer price index, which tracks inflation in wholesale prices, fell by 2.2 per cent year-on-year after a drop of 2.8 per cent in September, according to the bureau.
Growth in the world's second-largest economy dropped to 7.4 per cent year-on-year in the third quarter, the slowest rate for more than three years after full-year growth of 9.2 per cent last year.


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