Consumer prices stay flat in October

China's consumer inflation hovered around 1.6 percent in October, the lowest pace since January 2010, suggesting weak growth momentum and expectations that policymakers may roll out more measures to prop up growth.

The Consumer Price Index, a main gauge of inflation, remained more or less flat at the level seen in September, but still down from the 2 percent in August, the National Bureau of Statistics said on Monday.

Food prices increased by 2.5 percent year-on-year in October, compared with 2.3 percent growth in September, contributing the most to the headline inflation. Non-food prices rose 1.2 percent in October, compared to 1.3 percent in September.