September CPI climbs 2.5 percent on 2017
Increase mainly caused by food price rises due to seasonal factors, says NBS
The nation's consumer price index, a gauge of the prices of goods and services, rose by 2.5 percent year-on-year in September. Analysts said consumer inflation in the fourth quarter is expected to be mild, but China should get prepared for the effect of possible spikes in international oil prices on domestic inflation.
CPI growth last month was 0.2 percentage point higher than in August, according to data released by the National Bureau of Statistics on Tuesday. It was the highest level in seven months. In month-on-month terms, it rose by 0.7 percent.
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