Chongqing’s CPI up 5% year on year in January

Chongqing’s consumer price index (CPI) in January, 2012 rose by 0.9% month on month, up 5% year on year. Meanwhile, food prices and non-food prices respectively increased by 11.3% and 2% year on year.

The increase of food prices driving the overall level of CPI up 3.62% is the key to the rise of Chongqing’s CPI in January 2012.

Zhang Wenjing