People select vegetables at a supermarket in Hangzhou, capital of east China's Zhejiang Province, Dec. 9, 2016. China's consumer price index (CPI), a main gauge of inflation, grew 2.3 percent year on year in November, up from October's 2.1 percent, the National Bureau of Statistics announced Friday. (Xinhua/Long Wei)
BEIJING, Dec. 9 (Xinhua) -- China's consumer price index (CPI), a main gauge of inflation, grew 2.3 percent year on year in November, up from October's 2.1 percent, the National Bureau of Statistics (NBS) announced Friday.
On a month-on-month basis, the CPI rose 0.1 percent in November.
NBS statistician Sheng Guoqing attributed the stronger growth of inflation to higher food and fuel prices.
Vegetable prices jumped 5.5 percent month on month, as a cold weather front disrupted supplies, contributing 0.14 percentage points to the CPI growth.
On a year-on-year basis, vegetable prices soared 15.8 percent, compared with 13-percent increase in October.
Prices of petrol, diesel, gas, coal, water and electricity also increased last month, again due to the cold weather.
However, prices of fruit and pork continued to fall from October, down 2.2 percent and 1.9 percent.
In addition, tourism costs including flight prices dipped, as the winter is a low season for travel.
Since January 2016, CPI has been calculated using a new comparison base and included more products and services, while slightly reducing the weighting of food.
BEIJING, Dec. 9 (Xinhua) -- Analysts from around the world hail a strong rebound of China's trade data in November, as both domestic and global demands show signs of recovering. Full story
BEIJING, Dec. 9 (Xinhua) -- China's producer price index (PPI), which measures costs for goods at the factory gate, beat market expectations to reach a five-year high in November, official data showed Friday. Full story
BEIJING, Dec. 7 (Xinhua) -- China's foreign exchange reserves fell for the fifth straight month in November, the country's forex regulator said Wednesday. Full story
BEIJING, Dec. 6 (Xinhua) -- Supported by supply-side structural reform and positive changes in economic dynamics, China's economy is heading toward stabilization, a Chinese economist said Tuesday. Full story