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blank.gif (49 bytes)14/01/1999, updated at 16:00        blank.gif (49 bytes)weather.gif (982 bytes)archive.gif (946 bytes)search.gif (947 bytes)

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China Reports Price Drop Last Year

����The retail price index and the consumer price index in China last year slipped by 2.6% and 0.8%, respectively, from 1997, according to the State Development Planning Commission and the National Statistics Bureau.

����Although last December saw a 0.2% rise in the retail price index over November, the figure was still 2.7% lower than that of the same month in 1997.

����The consumer price index in December edged up 0.2% over the previous month, but still down 1% when compared with the corresponding month in 1997.

����

Economicnews 1999-01-14 Page2

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