In November 2019 , the national consumer price rose 4.5% year-on-year . Among them, cities rose by 4.2% and rural areas rose by 5.5% ; food prices rose by 19.1% , and non-food prices rose by 1.0% ; consumer goods prices rose by 6.5% , and service prices rose by 1.2% . 1 – 11 on average, the national consumer prices rose year on year by 2.8% .
In November , the national consumer price rose by 0.4% month-on-month . Among them, cities rose 0.3% and rural areas rose 0.5% ; food prices rose 1.8% and non-food prices were flat; consumer goods prices rose 0.8% and service prices fell 0.4% .
The full text of this article is available to MacroBusiness subscribers
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
