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Economics & Trade

CPI steady in October

China's consumer price index (CPI) remained steady in October, unchanged from September, but up 4.3% on a year earlier, state media reported. According to the National Bureau of Statistics the CPI in urban areas rose 3.7%, while that in the rural areas jumped 5.4% over 2003. Food prices saw 10% growth in October while those of non- food items, consumer products and services rose 1.3%, 4.8% and 2.6% respectively. Grain prices led the rise of food prices with a 10% jump in October over the same period last year, followed by those of meat, eggs and poultry, aquatic products and edible oil. In total, from January to October this year, the CPI rose 4.1% over the same period last year.

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