Tag archives: 27

The growth of China's Consumer Price Index, or CPI, a main gauge of inflation, is expected to be below 2 percent year-on-year in December, the Economic Information Daily reported on Monday. The country's CPI will grow 1.8 percent year-on-year in December, said the newspaper, citing Zhong Zhengsheng, chief economist at Ping An Securities. Zhong said the average wholesale price index for agricultural products decreased 2.4 percent month-on-month, with figures in pork, fruit, egg and vegetable up 0.1 percent, 3.3 percent, -4.9 percent and -9.1 percent, respectively. The energy consumption-related CPI is expected to fall as domestic refined oil products were