CPI rose 3.8% in October
DATE：
Nov 30,2022
According to the data released by the National Bureau of Statistics on the 9th, CPI in October rose 3.8% year on year, while PPI fell 1.6% year on year. Experts said that in the future, macro policies need to increase counter cyclical adjustment to expand demand and stabilize growth.
According to the data released by the National Bureau of Statistics on the 9th, CPI in October rose 3.8% year on year, while PPI fell 1.6% year on year. Experts said that in the future, macro policies need to increase counter cyclical adjustment to expand demand and stabilize growth.
Data shows that in October, CPI rose 3.8% year on year. Among them, urban growth was 3.5% and rural growth was 4.6%; Food prices rose by 15.5% and non food prices rose by 0.9%; The prices of consumer goods and services rose by 5.2% and 1.4% respectively.
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