Friday 13 April 2012

China's Inflation March 2012 3.6%

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China's Inflation March 2012 3.6% 

The China's National Bureau of Statistics 

The National Bureau of Statistics announced this morning that China's consumer price index (CPI) rose 3.6% year-on-year in March, a slight increase on the pace of growth registered in Feb when the index rose by 3.2% compared to 12 months earlier. The indicator was up 3.8% for the first quarter.

China economic had been watch by country all over the world, china can be used as an economic indicator  on Asian Region.





The price of meat, poultry and related products increased 11.3 percent year-on-year, contributing 0.78 percentage points to the overall increase in CPI. This was less than the 12.9 percent year-on-year increase in the price of meat, poultry and related products registered in February.


According to the NBS, the pace at which the cost of housing increased remained steady in March. Housing-related prices were up by 2.0 percent, which was slightly less than the 2.1 percent rate registered in February.

According to the NBS's estimate, of the 3.6 percent growth in the index measured in March, the carryover effect from last year’s price rises accounted for 1.9 percentage points, while new price rising factors from this year accounted for 1.7 percentage points.


Read More on http://www.eeo.com.cn/ens/2012/0409/224193.shtml


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