Consumer prices rising, but only moderately so

Economists say lower inflation leaves more room for policy easing

Chinese consumer inflation will remain moderate in the fourth quarter because of seasonal factors, according to the country's top economic planner on Thursday, dispelling worries about deflation but acknowledging that some price increases are coming.

Li Pumin, spokesman for the National Development and Reform Commission, said at a news briefing that consumer prices are unlikely to rise sharply, but they will rise nonetheless.