November 20, 2008

CPI in H1 2008 up by 7.9% YoY

According to China National Bureau of Statistics, China's consumer price index, the main gauge of inflation in H1 2008 up by 7.9% YoY.

The Bureau said the figure, compared with 7.1% in June, 7.7% in May, 8.5% in April and a nearly 12 year high of 8.7% in February was broadly in line with most forecasts.