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China's CPI up 0.2 percent in November

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      China

      China

      China's CPI up 0.2 percent in November

      2024-12-09 10:34 Last Updated At:19:27

      China's consumer price index (CPI), a main gauge of inflation, was up 0.2 percent year on year in November, the National Bureau of Statistics said Monday.

      In urban areas, the CPI rose by 0.1 percent, while in rural areas, the figure increased by 0.2 percent. Food prices saw a rise of 1.0 percent, and non-food prices remained flat. In the month, consumer goods prices also remained unchanged from the same month of the previous year, while service prices increased by 0.4 percent, according to the NBS.

      On average from January to November, the national CPI showed a 0.3 percent increase compared with the same period of the previous year, said the NBS.

      On a month-on-month basis, the CPI decreased by 0.6 percent in November, with urban and rural areas both seeing a decline of 0.6 percent. Food prices dropped by 2.7 percent from the previous month, while non-food prices dipped by 0.1 percent. Consumer goods prices slid by 0.7 percent month-on-month, and service prices saw a decline of 0.3 percent, according to the NBS.

      China's CPI up 0.2 percent in November

      China's CPI up 0.2 percent in November

      China's CPI up 0.2 percent in November

      China's CPI up 0.2 percent in November

      China's CPI up 0.2 percent in November

      China's CPI up 0.2 percent in November

      Next Article

      Europeans call Trump's move "wake-up call" as US cuts support for Ukraine

      2025-03-07 16:48 Last Updated At:17:07

      Europeans have called Donald Trump's recent move a "wake-up call" for the continent to defend itself after the U.S. President reduced military support for Ukraine and pressured Europe to increase defense spending.

      Pivoting away from Kiev and its European partners, the Trump administration paused all military aid to Ukraine on Monday and vowed to have Europe take more responsibility for its security and spend more on defense.

      "I'm not feeling safe," said a European resident, adding that the Trump administration "does not seem to be professional at all."

      The diverging policies of the Trump administration have triggered alarm among Europeans who worry they might be exposed to potential security threats.

      "I'm not in danger right now. But I don't know if it's still going to remain in (safe) in the future," said another interviewee in Europe.

      In the face of instability, many have called for the enhancement of regional defense of Europe.

      "Donald Trump being the president of the United States now is a good wake-up call for the whole of Europe and we have to make sure that we understand that we stand on our feet now," said a resident.

      However, that path would ultimately lead to further concerns about surging national defense budgets, government efficiency, and more.

      "Now we need to spend more on defense. Where can it come from? Very difficult. It has to be obviously extra taxation or cuts. Where do you cut?" said a European resident.

      "I don't think the Bundeswehr (German armed forces) is ready to carry out what is required as their necessary tasks. And all this must now be made up for," said a German resident.

      "So we are completely in agreement that the Europeans are now arming themselves, perhaps they will even manage to create a common army, but that will take years," said another interviewee from Germany.

      Europeans call Trump's move "wake-up call" as US cuts support for Ukraine

      Europeans call Trump's move "wake-up call" as US cuts support for Ukraine

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