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China's Garment Prices Drop 0.6% in July CPI

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In July, consumer price index rose by 5.6 percent over the same period of the previous year. Of which, urban area and rural area was up by 5.3 percent and 6.3 percent respectively; the price of foodstuff, non-foodstuff, consumable and services expanded 15.4, 0.9, 6.9 and 1.6 percent respectively. Compared with June, CPI increased 0.9 percent.

The price of clothing was down by 0.6 percent year-on-year. Of which, the price of garment dropped 0.6 percent.

The price of household facilities, articles, and maintenance services rose by1.7 percent year-on-year. Of which, the price of durable consumer goods rose by1.3 percent, and that of household services and manufacturing upkeep surging 6.6 percent.

The price of health care and personal articles increased 2.2 percent year-on-year. Of which, the price of western medicines decreased 0.9 percent; that of traditional Chinese medicinal materials and medicines was up by 10.0 percent; and that of health care services shot up by 2.3 percent.

The price of recreational, educational and cultural articles decreased 1.2 percent. Of which, price of tuition and child care decreased 0.7 percent; that of teaching materials and reference books dropped 0.7 percent; that of expenditure of culture and recreation increased 3.2 percent; that of tourism and outgoing was up by 1.6 percent; and that of cultural and recreational articles dropped 0.5 percent.

 

 

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