National Bureau of Statistics of China, Zhejiang Branch published the latest statistics yesterday that the consumer price index rose only 0.8 percent in November, setting the new low record in the past two years.

In November, the prices of eight major groups of consumable and service items  see-saw half and half. The price of industrial products dropped for the first time, which was down 0.5 percent over the same period of last year, while it was up 1.6 percent in October. Take the liquid gas as the example, the price dropped to the lowest level of the two years due to the decrease of international oil price. In Hangzhou and Ningbo, the liquid gas price on  November 14 was 75 and 72 yuan each bottle, while it was 97 and 89 yuan separately on October 14. In one month, the price dropped by 22 yuan and 17 yuan. The price of water, electricity and fuel dropped by 8.1 percent over the same period of last year.(Hangzhou Daily)