China's consumer price index (CPI) inflation climbed to 2.0% year-on-year in August, 0.4 percentage point higher than July and also higher than market expectations, largely due to rising food prices. In particular, pork prices rose 19.6% year-on-year in August, contributing 0.59 percentage points to the headline inflation number. Producer price index (PPI) remained negative for […]

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Visit the original source and full text: China Money Network