News and Announcements
China consumer prices rise less than expected, producer prices deflate
By Josh White
Date: Monday 09 Sep 2024
(Sharecast News) - China's consumer inflation saw a modest increase in August, with the consumer price index (CPI) rising 0.6% year-on-year, up slightly from July's 0.5%.
The rise was largely driven by higher food prices, which jumped 2.8%, fuelled by extreme weather, including floods and heatwaves that disrupted agricultural production.
or login to read the full story
Email this article to a friend
or share it with one of these popular networks:
Article Archive
You are here: news
