Mild inflation offers room for risk control

The pick-up in Consumer Price Index is unlikely to sustain, analysts say

BEIJING - China's inflation accelerated faster than expected in August, but remained mild overall, leaving policymakers room for containing financial leverage and risks.

Fresh data showed on Sept 9 that the Consumer Price Index or CPI, a main gauge of inflation, rose to a seven-month high of 1.8 percent in August, compared with July's 1.4 percent, beating market expectations of 1.6 percent.