China’s CPI up 4.9 percent, PPI up 7.2 percent in February

Friday, 11 March 2011 17:38:30 (GMT+3)   |  

1. China CPI up 4.9 in February

According to the data issued by China's National Bureau of Statistics on March 11, China's consumer price index (CPI), a main gauge of inflation, rose 4.9 percent year on year in February this year, remaining almost neutral as compared toJanuary.

2. China's PPI up 7.2 percent in February

China's producer price index (PPI) rose 7.2 percent year on year in February. The February PPI was 0.8 percent higher month on month, while the year-on-year growth in February was 0.6 percentage points higher than in January. For the first two months of this year, the PPI climbed 6.9 percent year on year.
3. China's industrial output up 14.1 percent in January-February

China's industrial value-added output rose by 14.1 percent in the first two months of the current year.

4. Fixed-asset investment up 24.9 percent

China's fixed asset investment rose 24.9 percent year on yearin the first two months of this year to reach RMB 1.7444 trillion ($264 billion). Investment in the country's property sector in the first two months rose by 35.2 percent to reach RMB 425 billion ($64.7 billion), of which RMB 301.4 billion ($45.9 billion) was invested in residential housing construction, up 34.9 percent year on year.

5. Retail sales up 15.8 percent in first two months

China's retail sales rose 15.8 percent year on year to RMB 2.9018 trillion ($441.67 billion) in the first two months of this year. The growth was 3.3 percentage points lower than in December 2010, despite the spending spree during the traditional Chinese New Year holiday.
 


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