China's November CPI up 5.1 pct
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The National Bureau of Statistics says the China's retail sales of consumer goods grew 18.7 percent in November year on year.
Meanwhile, it's consumer price index, a major gauge of inflation, rose to a 28-month high of 5.1 percent in that month.
Retail sales of consumer goods stood at 1.39 trillion yuan in November and the growth rate was 0.1 percentage points higher than that in October. Retail sales of consumer goods in the January-to-November period reached over 13 trillion yuan.T
he NBS says urban consumption hit 1.2 trillion yuan in November. Rural residents spent 186 billion yuan on consumption goods in the same month, up 17 percent year on year.
From January to November, China's CPI rose 3.2 percent year on year, surpassing the government's target ceiling of 3 percent for the year.
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