THE M3: CHINA OCTOBER HOME SALES FALL; CHINA OCTOBER CPI SLOWS

11/09/11 07:21AM EST

The Macau Metro Monitor, November 9, 2011

CHINA'S OCTOBER HOME SALES FALL 25% ON HARSHER MEASURES Bloomberg

China’s October housing transactions fell for the first time in three months, declining 25% from September.  The value of homes sold last month dropped to 372.3 BN yuan (US$58.7BN) from 493.9 BN yuan in September, based on data from the statistics bureau.

CHINA'S CPI GROWTH EASES TO 5.5% IN OCTOBER Xinhua

According to the National Bureau of Statistics (NBS), China CPI rose 5.5% YoY in October, weakening from September's 6.1% rise.  The October CPI growth marked the slowest surge since May this year.  On a monthly basis, the cost of living added 0.1% in October.


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