In December 2014, China’s consumer price index (CPI) went up by 1.5% year-on-year. The prices grew by 1.6% in cities and 1.3% in rural areas according to National Bureau of Statistics of China.
The food prices went up by 2.9%, while the non-food prices increased 0.8%. The prices of consumer goods went up by 1.4% and the prices of services grew by 1.8%. In 2014, the overall consumer prices were up by 2.0% over the previous year.
In December, the consumer prices increased 0.3% month-on-month; in cities and in rural areas prices both increased 0.3% . The food prices went up by 1.2%, and the non-food prices went down by 0.1%. The prices of consumer goods increased 0.5%, and the prices of services remained at the same level.
Also read: China Economy Statistics for 2014