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China : Garment price drops in October CPI

China : Garment price drops in October CPI

Write: Neddy [2011-05-20]
In October, consumer price index (CPI) was up by 6.5 percent over the same month last year. Of which, urban area and rural area rose 6.1 and 7.2 percent respectively.
The price of foodstuff, non-foodstuff, consumable and service expanded 17.6, 1.1 and 7.8 percent respectively. CPI made 0.3 percent growth over that in September.
The price of clothing was down by 1.3 percent year-on-year. Of which, the price of garment dropped 1.3 percent.
The price of articles related to residence expanded 4.8 percent over the same period of the previous year. Of which, price of water, electricity and fuels, building and decoration materials, and renting was respectively climbing 2.9, 4.9 and 4.7 percent.
From January to October, the general level of CPI increased 4.4 percent year-on-year.