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27

2019

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12

CPI up 3.8 percent in October

Data released by the National Bureau of Statistics on the 9th showed that CPI rose 3.8 per cent year-on-year in October, while PPI fell 1.6 per cent year-on-year. Experts said that the future macro policy needs to increase counter-cyclical adjustment to expand demand and stabilize growth.


Data released by the National Bureau of Statistics on the 9th showed that CPI rose 3.8 per cent year-on-year in October, while PPI fell 1.6 per cent year-on-year. Experts said that the future macro policy needs to increase counter-cyclical adjustment to expand demand and stabilize growth.
 
Data show that in October, CPI rose 3.8. Of this total, urban prices rose by 3.5 per cent and rural prices by 4.6 per cent; food prices rose by 15.5 per cent and non-food prices by 0.9 per cent; consumer prices rose by 5.2 per cent and service prices by 1.4 per cent.