China Annual Inflation Rate Up to 3.2% in OCtober


China's annual consumer inflation quickened to 3.2 percent in October from the previous month's 3.1 percent, lower than market expectations.


The October CPI gain was the highest since February when the index also rose 3.2 percent.

Food prices rose 6.5 percent from a year earlier, the most since April 2012, while non-food inflation was unchanged from September at 1.6 percent. Transportation and communications costs fell 0.6 percent, the most in four months. Cost of services rose 3.1 percent.

Producer prices fell 1.5 percent last month from a year earlier, versus a fall of 1.3 percent in the previous month.

Month-on-month, consumer prices were up 0.1 percent versus a rise of 0.2 percent expected by economists




China Annual Inflation Rate Up to 3.2% in OCtober


National Bureau of Statistics of China | anna@tradingeconomics.com
11/9/2013 11:13:39 AM