Sat, 21/11/09 – 18:34 | No Comment

British luxury Car maker Rolls-Royce  launched its most technologically advanced car ‘Ghost’ in New Delhi on Friday.
The ‘Ghost’ is  priced at Rs 2.5 crore, the bookings for the car have begun but the deliveries …

Read the full story »
Aishwarya Rai

All about China

All about India

Bollywood

Live Cricket Streaming

Home » All about China

China Economy: CPI Up 6.5 Percent in November

Submitted by admin on Wednesday, 16 January 2008No Comment

China's Consumer Price Index (CPI) rose 6.5 percent in November over the same month in the last year, 2006.

The rise of food price is the main reason caused the index get higher than usual.

Food prices ballooned 18.2 percent in November, compared 17.6 percent in October.

The recent price of pork has soared more than 46 percent than usual.

Grain price rose 6.6 percent, and the cooking oil price jumped 35 percent over the same period last year.

cpi.jpg

The annual consumer price index is forecasted to be around 4.7 percent. The record for annual CPI was 8.3 percent in 1996.

The government will introduce a range of the temporary price-intervention measures in a bit to stabilize the cost of daily necessaries, the National Development and Reform Commission said today.

The main targets of these price-intervention measures are grains and grains-made products, plant cooking oil, meat (Pork, beef and mutton) and meat-made products, milk, eggs and liquefied petroleum gases.

Do you think these tough measures will work well or bad?

Source and source

 

You May be Interested in :

Leave a comment!

Add your comment below, or trackback from your own site. You can also subscribe to these comments via RSS.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

This is a Gravatar-enabled weblog. To get your own globally-recognized-avatar, please register at Gravatar.

PANASIANBIZ      COSMOFAIRNETWORKS