Source: CCTV.com
10-18-2007 13:43
Special Report: 17th CPC National Congress![]() |
China's consumer price index, or CPI, grew 4.1 percent in the first nine months of this year, compared with the same period last year. This is according to a delegate from the National Development and Reform Commission at a group discussion of the on-going Party Congress on Wednesday.
Core CPI, derived from the general CPI without seasonal factors like food and energy prices, is considered a more precise gauge for measuring inflation. It grew 0.8 percent year-on-year during the period.
The official said, in general, China has not experienced an overall price increase caused by a significant imbalance of aggregate demand and supply. In addition, the fast CPI growth is supported by robust economic growth. And price changes are still in a "controllable" range.
Editor:Xiong Qu