China CPI Slows To 1.6% In September

Consumer prices in China were up 1.6 percent on year in September, the National Bureau of Statistics said on Monday.

That was in line with expectations, and down from 1.8 percent in August.

On a monthly basis, consumer prices were up 0.5 percent - accelerating from 0.4 percent a month prior.

The bureau also said that producer prices jumped an annual 6.9 percent - exceeding forecasts for 6.4 percent and up from 6.3 percent in the previous month.

News are provided by InstaForex