ecns [expanded by feedex.net]: Chinese shares retreat on inflation data

ecns [expanded by feedex.net]

ecns

Chinese shares retreat on inflation data
http://www.ecns.cn/business/2013/01-11/45009.shtml
Jan 11th 2013, 07:47

















2013-01-11 16:47 Xinhua     Web Editor: Gu Liping
comment


Chinese shares tumbled on Friday after data showed China's inflation continued to trend upward in December, fueling concerns that the government may hold back further monetary easings to check inflation.


The benchmark Shanghai Composite Index moved down 1.78 percent, or 40.66 points, to end at 2,243, while the Shenzhen Component Index shed 1.66 percent, or 152.32 points, to 9,017.73.


China's consumer price index (CPI), a main gauge of inflation, grew 2.5 percent year on year in December -- its fastest pace since June, the National Bureau of Statistics (NBS) announced Friday.












Copyright ©1999-2011 Chinanews.com. All rights reserved.

Reproduction in whole or in part without permission is prohibited.






You are receiving this email because you subscribed to this feed at http://blogtrottr.com

If you no longer wish to receive these emails, you can unsubscribe here:
http://blogtrottr.com/unsubscribe/qhG/Zc7fXt