share_log

China Consumer Price Rose Faster In August

Business Today ·  Sep 9 10:35

China's consumer prices rose at a faster rate in August, while producer price deflation persisted, as Beijing maintained efforts to reinvigorate domestic demand.

The consumer price index (CPI) grew 0.6% from a year earlier last month, versus a 0.5% rise in July, data from the National Bureau of Statistics (NBS) showed on Monday. CPI was up 0.4% month-on-month, compared with a 0.5% increase in July and missing an expected 0.5% gain.

Producer price index (PPI), which measures costs for goods at the factory gate, went down 1.8 percent year on year in August, the National Bureau of Statistics said Monday

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment