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4 December, 2017 00:00 00 AM
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‘China consumer inflation to ease in Nov’

XINHUA, BEIJING: China's inflation will drop mildly in November and remain tame until the end of the year due to stable food prices and a weakening carry-over effect, the Bank of Communications said in a report.

The consumer price index (CPI), a main gauge of consumer inflation, is expected to edge down to 1.8 per cent year on year in November from the 1.9-per cent growth recorded in October, according to the report.

The CPI retreat is mainly due to stable food prices, the bank's chief economist Lian Ping said, adding that vegetable prices will moderate and meat prices will go up marginally.

Meanwhile, non-food prices rose due to more expensive refined oil products.

 

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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
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Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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