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Anhui’s CPI up 1.4 % in August

Pub Date:17-09-13 10:00 Source:www.cnanhui.org

A woman chooses canned food at a supermarket in Qingdao, Shandong province, Sep 9, 2016.[Photo provided for China Daily]

The consumer price index (CPI), a main gauge of inflation, grew 1.4 percent year on year in East China’s Anhui province in August, up from July’s 0.8 percent, said the National Bureau of Statistics (NBS).

Prices of food, tobacco and alcohol dipped 0.7 percent from the same period a year ago, compared to a 2.2 percent decrease for July.

Vegetable prices increased 5.6 percent year on year last month, while the price of pork fell 16.4 percent. The price of egg rose 2.5 percent after a slump for 28 months in a row.

Non-food inflation climbed 2.3 percent, mainly due to higher prices of healthcare, education, clothing, housing and entertainment.

On a month-on-month basis, the CPI edged up 0.6 percent.

Vegetable prices rose 19.4 percent month-on-month as scorching summer and heavy rain restricted output.

Of the 1.4 percent CPI growth in August, 0.6 percentage point was contributed by a carryover effect.

Inflation is projected to expand due to the upcoming Mid-Autumn Festival and National Day holidays, according to the NBS.

Editor:Rita

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