China's Consumer Price Index (CPI) rises 1.6%
China\'s consumer price index (CPI), the main gauge of inflation, rose 1.6 percent in September from last year, down from 2 percent in August, official data showed on Wednesday.
Beijing: China's consumer price index (CPI), the main gauge of inflation, rose 1.6 percent in September from last year, down from 2 percent in August, official data showed on Wednesday.
On a monthly basis, consumer prices in September rose 0.1 percent, Xinhua cited from the National Bureau of Statistics (NBS). In the first nine months, CPI expanded 1.4 percent year-on-year.
Cities outpaced rural areas in inflation, with urban inflation up 1.6 percent and rural inflation up 1.5 percent in September. Food prices climbed the most by 2.7 percent, followed by service prices which rose 2.1 percent.
Producer price index, which measures wholesale inflation, slid 5.9 percent year-on-year in September, according to the NBS. The government aims to keep consumer inflation at around 3 percent for 2015.
- 98 per cent Indians will prefer sustainable stays in next 1 year
- Sonia Gandhi takes a jibe at Modi, says India has never seen such an irresponsible PM
- Thol Thirumavalavan: More than 95 Dalits were not allowed to vote in TN
- Popular Bollywood actor joins politics
- Cage's Wife of 4 days Asks for Spousal Support in Ongoing Divorce