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China January inflation slows to 5-year low

新华网 2015-02-10 15:33:55

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China January inflation slows to 5-year lowBEIJING, Feb. 10 (Xinhua) -- China's consumer price index (CPI), the main gauge of inflation, grew 0.8 percent year on year in January, the slowest rise in more than five years, the National Bureau of Statistics (NBS) said Tuesday.

  Food prices, which account for nearly one-third of weighting in China's CPI, increased 1.1 percent year on year. On a monthly basis, consumer prices in January edged up 0.3 percent.

  The NBS attributed the tempering growth to retreating food prices due to warmer weather during the period. A bigger comparison base last year, and global oil prices also helped drag down the price levels.

  Meanwhile, China's producer price index (PPI), which measures wholesale inflation, plunged 4.3 percent year on year in January, marking the 35th straight month of decline, pointing to continued weak market demand.

  China's economy grew 7.4 percent in 2014, the weakest annual expansion in 24 years, and a string of economic indicators for the new year, including manufacturing and trade data, all suggested continued weakness.

  In the latest move to support growth, the central bank last week decided to lower reserve requirement ratio (RRR), the minimum level of reserves banks must hold, by 50 basis points from Feb. 5, the first universal RRR cut since May 2012.

1月份CPI同比上涨0.8%

  新华网北京2月10日电(记者安蓓、王希)国家统计局10日发布的数据显示,2015年1月份全国居民消费价格指数(CPI)环比上涨0.3%,同比上涨0.8%,同比涨幅创出2009年11月以来的新低。

  据测算,在1月份0.8%的居民消费价格总水平同比涨幅中,去年价格上涨的翘尾因素约为0.5个百分点,新涨价因素约为0.3个百分点。

  1月份,食品价格同比上涨1.1%,影响居民消费价格总水平上涨约0.37个百分点。其中,蛋价、鲜果价格、粮食价格和水产品价格分别同比上涨8.3%、3.3%、2.9%和0.4%,肉禽及其制品价格同比下降0.8%,鲜菜价格下降0.6%。

  1月份,非食品价格同比上涨0.6%。其中,衣着、医疗保健和个人用品、家庭设备用品及维修服务、居住、娱乐教育文化用品及服务价格分别上涨2.9%、1.6%、0.9%、0.8%和0.3%;交通和通信、烟酒及用品价格分别下降2.2%和0.4%。

  环比看,1月份,食品价格环比上涨0.7%,非食品价格环比持平。

  2015年1月份,全国工业生产者出厂价格(PPI)同比下降4.3%,环比下降1.1%。工业生产者购进价格同比下降5.2%,环比下降1.3%。

  自2012年3月以来,PPI已连续35个月负增长。

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