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China - Food prices up 4.2% in December: Up 50% in 8 months of 2012

sharon sanders

Editor-in-Chief & President
machine translation

Food price inflation is the most fierce of beef and mutton was dubbed the "cow devil" and "sheep chaise"
2013-01-12 14:34:04  Source: Evening News online edition of  

  Yesterday, the National Bureau of Statistics announced in December last year, the national consumer price index (CPI), CPI rose 2.5%, the chain rose 0.8%, a 2.5% gain also hit a new high in the past 7 months. The year CPI increase of 2.6%, significantly lower than the 4% reservation target, control the level of inflation throughout the year and achieved remarkable results. Trajectory from the annual CPI increase, following the inertia of the previous year, the CPI rose 4.5 percent in January last year, after the start Zhu Bo dropped back down to 3% in May, down to less than 2% in July, fell in October to the lowest point of 1.7%.
  Food price inflation is the most fierce, rose 4.2 percent in December, the impact of the May CPI rose by about 1.37 percentage points. Among them, the price of fresh vegetables rose 14.8 percent, aquatic products prices rose 6.1%, food prices rose 4.1 percent, meat and poultry prices rose by 1.4% (including pork prices decreased by 6.2%), oil prices rose 4.5%, fresh fruit prices fell 5.6% . According to statistics, last year, food prices on the CPI's "contribution" more than 50% in eight months, nine months or more than 10% of the price of vegetables.
  The data released yesterday by the National Bureau of Statistics,

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zhttp://news.southcn.com/z/2013-01/12/content_61813305.htm
 
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