Consumer prices stable in China - NBS report
( 2003-10-17 21:46) (Xinhua)
Consumer prices for the first three quarters of the year increased 0.7
percent on a year-on-year basis, according to a government report issued Friday.
An increase in food prices of 2.2 percent pulled the overall price up 0.7
percent, while an increase in the price of services, also 2.2 percent, added
another 0.5 overall increase, said the report by the National Bureau of
Statistics (NBS).
Most other prices saw a decrease, including clothing, down 2.4 percent,
domestic appliances, down 2.7 percent and communication and transportation
prices, down 2.1 percent, said the report.
Retail prices also fell 0.5 percent compared with last year.
Prices of industrial products saw an increase, growing 2.4 percent overall.
The growth rate for the three quarters was 3.6 percent, 2.3 percent and 1.4
percent respectively, according to the report.
Purchasing prices for raw materials increased 4.5 percent, said the
report.
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