China's retail prices, which were on a month-on-month decline for the last two years, stopped dropping in October.

Meanwhile, investment in fixed assets investment and exports saw remarkable increase last month.

Figures from the National Bureau of Statistics (NBS) released November 15 showed that both the consumer price index (CPI) and the retail price index (RPI) of services and goods remained the same for October as in the previous month.

Though the two indicators were slightly lower than one year ago, the gap was 0.2 percentage points lower in October than in September.

NBS figures show that the growth rates of consumption, fixed asset investment and exports were higher in October than the same month last year.

Sales of consumer goods increased by 8.2 percent in October.

Driven by increasing investment in the real estate market and the upgrading of enterprises, total investment in fixed assets rose by 0.6 percent in October. From January to October, fixed assets investment totaled 1370 billion yuan, up seven percent from the same period last year.

Exports of industrial products continued to improve in October, an increase of 9.4 percent from the same period last year to over 100 billion yuan. From January to October, exports of industrial products grew by 8.1 percent over the same period last year. The growth rate was 2.4 percentage points higher than in the first half year. (Xinhua)