China’s August inflation weaker than expected

Chinas August inflation weaker than

(Finance) – In China, the consumer prices rose 0.6% in August, compared to 0.5% in July and analysts’ forecast of 0.7%.

The figure, released by the National Statistics Office, is the highest since February.

Inflation, as measured by producer pricesinstead, fell by 1.8% from 0.8% in July, doing even worse than analysts’ estimates (-1.4%) and reflecting the weakness of the internal demand.

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