Consumers buy vegetables at a supermarket. [Photo by Hao Qunying/For China Daily] BEIJING – China’s consumer price index (CPI), a main gauge of inflation, rose 2.8 percent year-on-year in August, the National Bureau of Statistics said Tuesday.
The growth rate was unchanged from that in July.
Food prices grew 10 percent year-on-year last month, up from 9.1 percent in July, while non-food prices gained 1.1 percent, 0.2 percentage points lower than that of July.
The CPI in urban and rural areas registered a year-on-year growth of 2.8 percent and 3.1 percent, respectively.
China’s producer price index, which measures costs for goods at the factory gate, dropped 0.8 percent year-on-year in August.
LINK ORIGINAL: Chinadaily