China: Inflation falls in September
October 16, 2017
In September, consumer prices rose 0.5% from the previous month, up from August’s 0.4% increase. The reading mainly reflected higher prices for health care, education, culture and recreation and clothing.
Inflation fell from August’s 1.8% to 1.6% in September, meeting the result that market analysts had expected. Annual average inflation, meanwhile, declined from August’s 1.7% to 1.6% in September.
Producer inflation came in at 6.9% in September (August: 6.3%), overshooting market analysts’ expectations of 6.4%. Annual average producer inflation rose from August’s 5.1% to 5.7% in September, marking the highest reading since January 2012.