ID :
206157
Fri, 09/09/2011 - 06:15
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Shortlink :
https://oananews.org//node/206157
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China's consumer inflation slows in Aug.
HONG KONG, Sept. 9 (Yonhap) -- China's consumer price growth slowed in August amid Beijing's efforts to curb inflationary pressure facing the world's second-largest economy, government data showed Friday.
The country's consumer price index (CPI) expanded 6.2 percent last month from a year earlier, compared with a 36-month record high of 6.5 percent registered in July, the National Bureau of Statistics said.
China's inflation grew more than 5 percent for the fifth straight month and exceeded 6 percent for the third month in a row. The August tally is in line with forecasts by analysts, who cited stabilizing food prices.
Food prices surged 13.4 percent on-year in August, with non-food prices rising 3 percent. Compared to the previous month, food prices rose 0.6 percent, while non-food prices were up 0.2 percent.
The country's consumer price index (CPI) expanded 6.2 percent last month from a year earlier, compared with a 36-month record high of 6.5 percent registered in July, the National Bureau of Statistics said.
China's inflation grew more than 5 percent for the fifth straight month and exceeded 6 percent for the third month in a row. The August tally is in line with forecasts by analysts, who cited stabilizing food prices.
Food prices surged 13.4 percent on-year in August, with non-food prices rising 3 percent. Compared to the previous month, food prices rose 0.6 percent, while non-food prices were up 0.2 percent.
