China's CPI up 1.5 percent in March

China's CPI up 1.5 percent in March

China's consumer price index (CPI), a main gauge of inflation, rose 1.5 percent year on year in March, the National Bureau of Statistics (NBS) said Monday.

The figure was higher than the 0.9 percent year-on-year growth recorded in February.

A breakdown of the data showed that food prices saw contraction narrow to 1.5 percent year on year, dragging the CPI down by 0.28 percentage points, said senior NBS statistician Dong Lijuan.

Specifically, the price of pork, a staple meat in China, slumped 41.4 percent year on year, compared with a 42.5-percent decrease a month ago. However, the price of fresh vegetables, which skid 0.1 percent February, saw a 17.2-percent increase last month, data showed.

Non-food prices rose 2.2 percent from a year earlier, contributing about 1.77 percentage points to the CPI growth, said Dong.

The core CPI, which excludes food and energy prices, gained 1.1 percent year on year, flat with a month ago.

Monday's data also showed the country's producer price index, which measures costs for goods at the factory gate, went up 8.3 percent year on year in March.

Source: Xinhua, China's CPI up 1.5 pct in March

广告等商务合作,请点击这里

本文为转载内容,授权事宜请联系原著作权人。

打开界面新闻APP,查看原文
界面新闻
打开界面新闻,查看更多专业报道

热门评论

打开APP,查看全部评论,抢神评席位

热门推荐

    下载界面APP 订阅更多品牌栏目
      界面新闻
      界面新闻
      只服务于独立思考的人群
      打开