10/14/2021, 3:32 AM (Source: TeleTrader)
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Inflation in China down to 0.7% in September

China's consumer price index (CPI) missed the estimates and increased by 0.7% on an annual basis in September, a report by the country's National Bureau of Statistics revealed on Thursday.

The year-on-year figure marks a slight decrease compared to last month's reading of 0.8%. The gauge was virtually unmoved in comparison to the August rate.

Meanwhile, the country's producer price index (PPI) surpassed expectations, jumping 10.7% compared to the last year's figure and growing at the fastest pace since 1995.

Baha Breaking News (BBN) / BU