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China's November inflation rises 2 pc
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IANS | 10 Dec, 2012
China's consumer price index, a main gauge of inflation, grew 2 percent
year on year in November, the National Bureau of Statistics announced
Sunday.
The inflation rate rose from a 33-month low of 1.7 percent in October as food prices increased, Global Times said.
On
a month-on-month basis, November's CPI rose 0.1 percent from the
previous month, according to a statement posted on the website of the
NBS.
"The November growth rate was largely attributable to a
surge in food costs," said Wang Jun, an expert with the China Centre for
International Economic Exchanges.
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| Customs Exchange Rates |
| Currency |
Import |
Export |
US Dollar
|
55.30
|
54.35 |
UK Pound
|
84.50
|
82.50 |
Euro
|
71.80
|
70.00 |
| Japanese
Yen |
54.40 |
53.00 |
| As on 25 May, 2013 |
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