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Anhui’s CPI Rises 2.4% in January

source:www.cnanhui.org release date:2017/02/17 hits:108

Consumer inflation in East China's Anhui province quickened in January due to holiday effects, and prices at factory gates rose faster than the same period a year ago, official data showed Friday.

The consumer price index (CPI), a main gauge of inflation, grew 2.4 percent year on year last month, the National Bureau of Statistics (NBS) said.

The province's inflation quickened from December's 1.8 percent as the Lunar New Year holiday pushed up food, transport and travel expenses.

On a monthly basis, the CPI edged up 1.1 percent, according to the NBS.

Prices of food, tobacco and alcohol rose 1.7 percent year on year, contributing to 0.5 percentage points to the CPI growth.

Education, culture and entertainment saw a 4.5 percent year-on-year rise in inflation, the highest in 16 consecutive years, while the increase in transport and communications costs hit a new high of 2.1 percent in 22 years.

Data from the NBS also showed the producer price index (PPI), a factory-gate measure of inflation, gained 9.1 percent from the same period a year earlier. On a month-on-month basis, Anhui's PPI jumped 0.7 percent in January.