China: Inflation moderates in September
October 15, 2015
In September, consumer prices rose 0.1% over the previous month, which was down from the 0.5% increase tallied in August. The monthly reading mainly reflected lower prices for food and energy.
Inflation moderated from 2.0% in August to 1.6% in September. The print fell short of the 1.8% that market analysts had expected. Despite the moderation, the trend remained stable in September, with annual average inflation remaining at the previous two months’ 1.5%.
Meanwhile, the producer price index fell 5.9% in September over the same month last year, which mirrored August’s reading. The print matched market expectations and marked the lowest level since September 2009. The annual average variation of the producer price index decreased from minus 4.1% in August to minus 4.4% in September, which represented the lowest value since January 2010.