Ningbo's CPI rose 1.4 pct in September
- Details
- Category: Governmental News
- Published: Tuesday, 23 October 2012 14:18
Ningbo Survey Team of the National Bureau of Statistics (NBS) announced on Tuesday that Ningbo's consumer price index (CPI) rose 1.4 percent in September over the same period last year, flat the provincial average, and 0.5 percentage points lower than the national average. The price of consumer goods went up by 1.2 percent and the price of services grew by 2.0 percent.
The NBS data indicates that carryover effect brought by the policy of free tuition for secondary vocational education disappeared. Among the eight categories of commodities which are used to weigh CPI, prices for entertainment, educational products and services start to rise after kept falling in the previous months. Food prices picked up 2.2 percent. The prices of tobacco and liquor rose 2.4 percent. The price of clothing rose 1.4 percent. The household equipment and maintenance services prices rose 2.3 percent. The prices of health care and personal products increased 0 .5 percent. The prices of entertainment and educational products and services rose 0.5 percent, and the housing prices rose 1.9 percent. The price of transport and communication remain the downtrend by declining 0.1 percent.
