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Macroeconomics

October CPI Declines 0.5%; Industrial Output Gains 16.1%
By TONY JIN
Published: November 11, 2009 03:54 PM
China's Consumer Price Index dropped 0.5% year-on-year in October, with the urban areas seeing a decline of 0.7% and the rural areas 0.1%, the National Bureau of Statistics said Wednesday. Food prices, which constitute one-third of its CPI basket, budged up 1.6% from a year earlier. The Producer Price Index, which gauges price changes received ...
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