猪肉降价CPI涨幅创新低
Inflation falls to 11-year low China's consumer inflation eased for a third straight month and hit an 11-year low in October as food prices tumbled, official data showed Tuesday. The consumer price index rose 0.5% year-on-year last month, narrowing from the 1.7% rise in September, according to data from the National Bureau of Statistics. On a monthly basis, consumer prices dropped 0.3%. Food prices went down 1.8% last month. Dong Lijuan, a senior statistician at NBS, attributed the tamed inflation to the drop in food prices, especially eggs, vegetables and pork. Prices of eggs and vegetables dropped 2.3% and 2.1%, respectively, from September amid abundant supply. Pork prices fell 7% last month, a further decline of 5.4 percentage points from September. On a yearly basis, the price of pork fell for the first time after growing for 19 consecutive months, dropping 2.8%. |