September 9, 2022

China's consumer and producer prices grew at slower paces in August despite unprecedented heat waves and ongoing COVID-19 flare-ups.

The consumer price index (CPI), a main gauge of inflation, rose 2.5 percent year on year, the National Bureau of Statistics (NBS) said Friday, adding that growth was down a 0.2 percentage point from the previous month.

The producer price index (PPI), which measures costs for goods at the factory gate, increased 2.3 percent in August from a year earlier, down 1.9 percentage points from July, according to the NBS.

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https://news.cgtn.com/news/2022-09-09/China-s-CPI-up-2-5-in-August-1dbdP03fJT2/index.html