Statistics
China's Feb inflation rebounds to 10-month high
Last Updated:2013-03-09 09:47 | Xinhua
 Save  Print   E-mail

China's annual consumer inflation rebounds to a 10-month high of 3.2 percent in February on accounts of rising food prices during the Spring Festival season, data from the National Bureau of Statistics (NBS) data showed Saturday.

On a month-on-month basis, February's CPI gained 1.1 percent from the previous month, according to the NBS statement.

Food prices, accounting for nearly one-third of weighting in China's CPI, remained a key driver of inflation in February as the Spring Festival season, which fell within that month, pushed up demands.

The NBS statement said food prices jumped 6 percent last month from the same period last year, propelling the CPI up by 1.98 percentage points.

But the upward trend is unlikely to sustain as the holiday effect fades off and the warming weather will help supplies, the NBS said, suggesting the CPI growth will ease this month.

In Tuesday's government report, Premier Wen Jiabao said China aims to hold this year's consumer price growth to around 3.5 percent.

In 2012, China's CPI grew 2.6 percent, well below the year's 4-percent control target.

China's February PPI down 1.6 pct

 

China's producer price index (PPI), which measures inflation at the wholesale level, fell 1.6 percent year on year in February, the National Bureau of Statistics said on Saturday.

The drop marked the 12th straight month of declines after the PPI dropped in March 2012 for the first time since December 2009. >>> More

China's industrial output up 9.9 pct in Jan.-Feb.

China's industrial value-added output rose 9.9 percent year on year in the first two months, down 1.5 percentage points from the same period last year, the National Bureau of Statistics (NBS) said Saturday. >>>More

China's fixed-asset investment up 21.2 pct in Jan.-Feb.

China's fixed asset investment rose 21.2 percent year on year in the first two months, down 0.3 percentage point from the same period last year, the National Bureau of Statistics (NBS) said Saturday. >>>More

China's property investment up 22.8 pct during Jan.-Feb.

Investment in China's property sector rose 22.8 percent year on year to 667 billion yuan (106.2 billion U.S. dollars) in the first two months of the year, the National Bureau of Statistics (NBS) announced Saturday. >>>More

China's retail sales up 12.3 pct during Jan.-Feb.

China's retail sales grew 12.3 percent year on year to 3.78 trillion yuan (602.1 billion U.S. dollars) in the first two months of the year, the National Bureau of Statistics (NBS) said Saturday. >>>More

China's foreign trade recovers further

China's foreign trade is showing stronger signs of recovery, buoyed by upbeat demand from the United States and emerging markets.

Exports increased 21.8 percent year on year to $139.37 billion in February, while imports fell 15.2 percent to $124.12 billion, the General Administration of Customs (GAC) said Friday.

The trade surplus expanded to $15.2 billion from a deficit of $31.98 billion a year earlier. >>>More

China's fiscal revenue grows slower Jan., Feb.

China's fiscal revenue kept growing at a slower pace in the first two months of 2013, dragged by the economic downshift and tax cuts, the Ministry of Finance (MOF) said on Wednesday.

The country's fiscal revenue increased 7.2 percent year on year to 2.24 trillion yuan (357 billion U.S. dollars), slower than the growth rate of 13.1 percent in the same period a year ago. >>>More

China's non-manufacturing sector shrinks in Feb.

China's non-manufacturing sector shrank in February, an official monthly survey showed Sunday.

The Purchasing Managers Index (PMI) of the non-manufacturing sector came in at 54.5 percent in Feb., down 1.7 percentage points from January, the China Federation of Logistics and Purchasing (CFLP) said in an online statement. >>>More

China's manufacturing PMI drops in Feb

China's Purchasing Managers' Index (PMI) for the manufacturing sector fell for a second month to 50.1 percent in February from 50.4 percent in January, according to data released Friday.

The China Federation of Logistics and Purchasing (CFLP) said in a statement on its website that the drop is mainly due to the weeklong Spring Festival holiday that fell in last month. >>>More

 

0
Share to 
Related Articles:
Most Popular
BACK TO UP
Edition:
Chinese | BIG5 | Deutsch
Link:    
Xinhuanet | Chinadaily.com.cn | People's Daily Online | China.org.cn | CNTV | China.com | Global Times | Ecns.cn | China Youth International | Visit Beijing | Women of China | Taiwan.cn
About CE.cn | About the Economic Daily | Contact us
Copyright 2011 China Economic Net. All right reserved