Posted by magann14 on 14th of Feb 2011 at 10:05 pm
China's consumer price index rose 4.9% in January from a year
earlier, the National Bureau of Statistics said Tuesday, adding
that it had reweighted components in the index. The result was
below forecast, but the producer price index, which rose 6.6%,
climbed more quickly than expected. Average forecasts for CPI had
called for a gain of 5.4% and a PPI rise of 6.3%, according to a
survey of economists reported by Dow Jones Newswires. The CPI
reading also matched exactly whispered numbers that had appeared in
some news reports Monday. In December, consumer prices rose 4.6%
year-on-year, while wholesale prices were up 5.9%. While the
Statistics Bureau said it had reconfigured the CPI, it added that
the new weightings added rather than subtracted from the inflation
rate for January.
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any one get the Inflation Data for China?
Posted by zach06 on 14th of Feb 2011 at 08:48 pm
It comes out tonight....
China's consumer price index rose
Posted by magann14 on 14th of Feb 2011 at 10:05 pm
China's consumer price index rose 4.9% in January from a year earlier, the National Bureau of Statistics said Tuesday, adding that it had reweighted components in the index. The result was below forecast, but the producer price index, which rose 6.6%, climbed more quickly than expected. Average forecasts for CPI had called for a gain of 5.4% and a PPI rise of 6.3%, according to a survey of economists reported by Dow Jones Newswires. The CPI reading also matched exactly whispered numbers that had appeared in some news reports Monday. In December, consumer prices rose 4.6% year-on-year, while wholesale prices were up 5.9%. While the Statistics Bureau said it had reconfigured the CPI, it added that the new weightings added rather than subtracted from the inflation rate for January.