中國經濟

China consumer inflation near 5-year low

Chinese consumer prices rose at their slowest pace in almost five years in September, the latest sign of flagging growth that may encourage Beijing to adopt further targeted easing measures.

The consumer price index rose 1.8 per cent year-on-year in September, down from 2 per cent growth in August and at its slowest pace since August 2010.

The producer price index, which tracks wholesale prices, also fell 1.8 per cent, compared with the 1.6 per cent fall forecast in a Reuters poll, the 31st consecutive month of declines.

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