China's Sept consumer prices flat, factory deflation persists

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BEIJING : China's consumer prices were flat in September, while factory-gate prices shrank at slower pace, official data showed on Friday, indicating deflationary pressures persist in the economy.

The consumer price index was unchanged in September from a year earlier, data from the National Bureau of Statistics showed, missing the forecast for a 0.2 per cent gain in a Reuters poll. CPI rose 0.1 per cent in August.

The producer price index fell 2.5 per cent from a year earlier, the narrowest decline since March. Economists had predicted a 2.4 per cent fall for September. We know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be.

Source: Financial Digest (financialdigest.net)

 

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