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Inflation edges up in October

By Wang Yiqing | China Daily | Updated: 2016-11-10 08:26

China's consumer price index grew by 2.1 percent in October on a year-on-year basis, up from 1.9 percent in September, the National Bureau of Statistics said on Wednesday.

The CPI, a key gauge of inflation, had ended four consecutive months of decline in September, when it rose to 1.9 percent. The 2.3 percent year-on-year figure reached in April was tied with February and March for the highest level since July 2014.

Consumer inflation, however, declined by 0.1 percent in October month-on-month.

Inflation edges up in October

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