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China's CPI up 1.9% in Dec

  • Author:Leon Li
  • Release on :2019-01-10
China's consumer price index (CPI), a main gauge of inflation, rose 1.9 percent year-on-year in December, the National Bureau of Statistics (NBS) said Thursday.

China's CPI rose 2.1 percent year-on-year in 2018, up from 1.6 percent for 2017.

China's producer price index (PPI), which measures costs for goods at the factory gate, rose 3.5 percent year-on-year in 2018, the National Bureau of Statistics said Thursday.

It was down from a growth of 6.3 percent recorded in 2017, according to the bureau.

The above news was excerpted from china daily by China towel supplier Shenzhen City Dingrun Light Textile Import and Export Corp.Ltd, a company specialized in producing baby diapers, baby bibs, beach towel, blankets, bath towels, tea towels, compressed towels, microfiber towels etc.