Ningbo municipal government held a press conference on
economic performance of Ningbo in the first quarter on April 22.
Spokesmen of Municipal Bureau of Statistics Tang Bosheng answered questions on
the influence of steadily rising CPI to the life of urban and rural residents in
Ningbo.
According to calculation, CPI of Ningbo is 6.7% in the first quarter, up by 4%
over the same period of last year and 2.8% compared with the CPI of 2007 and
created a new record ever since 1997. The rise in the food sector is highest, up
by 16.9% compared with the same period of last year, and is 10.2% higher than
the average increase of CPI.