Inflation falls for 2nd month
By Chen Jia | China Daily | Updated: 2011-10-15 07:25
BEIJING - China's consumer inflation slipped to 6.1 percent in September, the second month in a row it has dropped after it hit a three-year high in July.
The decline helped to assuage fears that the country's central bank would try to further tighten the economy during the rest of the year.
The nation's Consumer Price Index (CPI), an important gauge of inflation, has hung at above 6 percent during the past four months, according to National Bureau of Statistics data released on Friday. The index figure peaked at 6.5 percent in July, and retreated to 6.2 in August.
Photo