Dec CPI reaches highest since May

China's consumer price index, a main gauge of inflation, grew 2.5 percent year-on-year in December, the highest since May, said the National Bureau of Statistics on Friday.

On a month-on-month basis, December's CPI rose 0.8 percent from the previous month, and the year-on-year CPI for the whole year was 2.6 percent, according to the bureau.

Teng Xiaodong: China's M2 has grown 13.8 percent year-on-year to hit 97.42 trillion yuan ($15.67 trillion). It is hardly surprising that the CPI grows fast.

Wisdom at office: The price of food has grown nearly 50 percent recently. Why is there always a huge gap between the official statistics and the perceptions of ordinary people?

Loving trivial happiness: Do not think the 2.6 percent growth is very low. In the United States, the number is just a little more than 1 percent. Only if the inflation is curbed can economic growth be real.

Nuhuosky: The CPI growth in November was 2 percent. The growth in December is 2.5 percent. The inflation apparently accelerated. Our money is becoming increasingly valueless.

All the information is from Sina Weibo