China's CPI up 1.9 pct in January

China's consumer price index (CPI) rose by 1.9 percent in January from the same month last year, the National Bureau of Statistics (NBS) said Wednesday.

The CPI in urban areas went up two percent while that of rural areas up 1.7 percent

The CIP figure this January rose partly because Jan. 29 is the Spring Festival, a time of shopping sprees, the NBS said.

The prices of water, electricity and fuel, which went up by 8.4 percent in January, increased the most.

The prices of foodstuff rose by 3.6 percent in January, non-food prices went up one percent and consumer product prices went up 1.7 percent, according to NBS figures.

Foodstuff, furnishing materials, maintenance services, education, cultural goods, and recreation prices increased, while clothing, transportation and telecommunication prices went down.

Source: Xinhua



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