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Price rise in consumer goods
Latest Updated by 2003-12-12 15:09:58

A random survey by Guangdong Statistics Bureau showed the general consumer prices rose by 1.7 percent in November (2003) compared with the corresponding period last year (2002).

The survey showed the demand for oil and foodstuffs, construction materials and petroleum was strong, while the market maintained a stable supply.

Prices for cereals in November rose by 4.8 per cent over the previous month and 7.7 percent over the same period last year.

Prices for construction and interior decoration materials continued rising due to seasonal demand.

Various cities in the province adjusted the prices of liquefied petroleum gas by an average of almost 7.4 percent over the previous month due to a shortage of crude oil in the world market and a decrease in production.

Cold weather caused an increase in demand for household gas.

 

Editor: Catherine

By:Han Ximin Source:szdaily
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