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  HOME | Business & Economy (Click here for more)

Chinese Inflation Rises 1.7% Year-on-Year in November

BEIJING – China’s consumer price index, the main indicator of inflation, rose 1.7 percent year-on-year in November, the National Bureau of Statistics said on Saturday.

The producer price index, which measures inflation at the wholesale level, rose by 5.8 percent year-on-year in November, the Bureau said.

China has set a target of keeping national inflation at around 3 percent by the end of the year and this is the 10th consecutive month in which it has managed to keep the figure below 2 percent.

 

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