Chinese inflation comes in at 4.9% with a 35% increase in fruit prices YOY

Chinese inflation is inching back to the 5% where they were in November.  The headline number in my opinion way underestimates the true inflation for a country that still spends a large percentage of disposable income on food.  Chinese government statistics estimate inflation at 4.9%.  Food prices increased over 10% with nearly a 35% increase in fruit prices YOY.  The only prices that are somewhat stable are clothing and transportation.  Via StatsChina:


Item
The same month last year =100
The same period last year =100
Total
Urban
Rural
Total
Urban
Rural







Consumer Price Index
104.9
104.8
105.2
104.9
104.8
105.2
1. Food
110.3
110.2
110.7
110.3
110.2
110.7
    Grain
115.1
114.8
115.6
115.1
114.8
115.6
    Meat, Poultry and Their Products
110.9
110.5
111.9
110.9
110.5
111.9
    Eggs
119.0
119.5
117.7
119.0
119.5
117.7
    Aquatic Products
111.1
111.3
110.0
111.1
111.3
110.0
    Fresh Vegetables
102.0
101.2
104.7
102.0
101.2
104.7
    Fresh Fruits
134.8
135.4
132.7
134.8
135.4
132.7
 2. Tobacco, Liquor and Articles
101.8
101.9
101.7
101.8
101.9
101.7
 3. Clothing
99.8
99.6
100.6
99.8
99.6
100.6
 4. Household Facilities, Articles and Services
101.4
101.6
100.8
101.4
101.6
100.8
 5. Health Care and Personal Articles
103.2
103.3
102.9
103.2
103.3
102.9
 6. Transportation and Communication
99.9
99.7
100.3
99.9
99.7
100.3
 7. Recreation, Education and Culture Articles
101.0
101.0
101.1
101.0
101.0
101.1
 8. Residence
106.8
106.8
107.0
106.8
106.8
107.0








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