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China's consumer price index (CPI), a main gauge of inflation, rose 3.8 percent year on year in October, the National Bureau of Statistics said Saturday. The growth rate, which was up from 3 percent in September, was the highest so far this year. Food prices grew 15.5 percent year on year last month, up from 11.2 percent in September, while non-food prices gained 0.9 percent, 0.1 percentage points lower than that of September. Pork prices rose 101.3 percent year on year last month, while vegetable prices saw a 10.2-percent drop from a year ago. The CPI in urban and rural areas posted a year-on-year growth of 3.5 percent and 4.6 percent, respectively. In the first 10 months of the year, consumer prices on average rose 2.6 percent from a year earlier, the bureau said. |
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