China’s consumer price index rose 2.3% in November, hitting a 15-month high

China 12/13/21, 10:57

China’s National Bureau of Statistics reported on Dec. 9 that its Consumer Price Index in November increased 2.3% year-on-year. It was the highest level in 15 months.  Food prices increased by 1.6% year on year, and non-food prices climbed up 2.5%. The consumer price index (CPI) is used to measure inflation. If CPI growth ...

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