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China's Major Economic Indicators in April

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4. The year-on-year growth of consumer prices expanded slightly.

In April, the consumer price index went up by 2.8 percent year-on-year (it was 1.5 percent decrease in April 2009), or 0.4 percentage point higher over that in the previous month of this year. In April, the price grew by 2.7 percent in cities and 3.0 percent in rural areas year-on-year. The food price went up by 5.9 percent while the non-food price increased by 1.3 percent. The prices of consumer goods went up by 3.2 percent and the prices of services grew up by 1.6 percent. In the first four months, the year-on-year change of consumer price was up by 2.4 percent (it was 0.8 percent decline the same period a year ago), or expanded by 0.2 percentage point as compared with that in the first quarter of this year. Grouped by commodity categories, in April, of the eight categories of commodities, five of them experienced prices rise, two witnessed prices decline and one maintained the same level. Of which, prices for food went up by 5.9 percent; prices for tobacco, liquor and articles rose by 1.7 percent; price for clothing went down by 1.3 percent; prices for household facilities, articles and maintenance services went down by 0.5 percent; health care and personal articles rose by 2.8 percent; transportation and communication maintained the same level; recreation, education, culture articles and services grew by 0.4 percent, and housing went up by 4.5 percent.

In April this year, the month-on-month change of consumer price was up by 0.2 percent. Of which, price in cities went up by 0.2 percent and that in rural areas went up by 0.2 percent. The food price declined by 0.1 percent while the non-food price grew by 0.3 percent. The price of consumer goods grew by 0.1 percent, and the price of services went up by 0.5 percent. Grouped by commodity categories, in April, prices for food dropped by 0.1 percent month-on-month, prices for tobacco, liquor and articles maintained the same level of growth, price for clothing went up by 0.1 percent, prices for household facilities, articles and maintenance services showed no change of growth, health care and personal articles grew by 0.3 percent; transportation and communication went down by 0.1 percent, recreation, education, culture articles and services rose by 0.5 percent, and housing went up by 0.9 percent.

5. The growth of producer prices for manufactured goods expanded to some extent.

In April, the producer prices for manufactured goods went up by 6.8 percent year-on-year (it was 6.6 percent decline in April 2009), or 0.9 percentage point higher than that in the previous month. In the first four months of this year, the year-on-year change of the producer price for manufactured good was up by 5.6 percent (it was down by 5.1 percent the same period a year ago), which was 0.4 percentage point higher over that in the first quarter of this year. The producer prices for means of production went up by 8.5 percent year-on-year in April, of which that for mining and quarrying industry grew by 30.9 percent, raw materials industry went up by 13.6 percent and processing industry increased by 3.3 percent. The producer prices for means of livelihood increased by 1.4 percent, of which, the food prices grew by 2.6 percent, clothing went up by 1.6 percent, articles for daily use grew by 1.4 percent and durable consumer goods dropped by 0.6 percent. In April, the month-on-month change of the producer prices for manufactured good went up by 1.0 percent.

In April, the purchasing prices for raw materials, fuel and power went up by 12.0 percent year-on-year (it was down by 9.6 percent in April 2009), or 0.5 percentage point higher over that in the previous month. In the first four months of this year, the purchasing prices for raw materials, fuel and power grew by 10.4 percent year-on-year (it was down by 7.7 percent in the same period of last year), or 0.5 percentage point higher than that in the first quarter of this year. In April, the year-on-year change of prices for nonferrous metals and wire went up by 29.1 percent, fuel and power went by 24.0 percent, 7.4 percent growth for raw chemical materials and 8.3 percent increase for ferrous metals.

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