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China’s CGPI Declines In November
(RTTNews) - China’s corporate goods price index or CGPI fell 0.4% year-on-year in November, a report by the People’s Bank Of China said Monday. Compared with October, the index fell 3% in November.
On an annual basis, price of industrial products fell 1.4%, while that of mineral products dipped 6.4%. However, price of utilities rose 7.8%, and price of agricultural products increased 0.2%.
On the basis of the production process, price of primary goods rose 0.9%. Price of intermediate goods fell 1.3%, but price of final goods was up 0.2% in November.
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