CPI rises 1.9 percent in October
By Xin Zhiming | China Daily | Updated: 2017-11-10 07:40
China's consumer inflation rate rose by a higher-than-expected 1.9 percent in October from a year earlier, compared with 1.6 percent in September, the National Bureau of Statistics said on Thursday.
Analysts said that even if consumer inflation continues to strengthen in the coming months, it may only rise mildly and the country's monetary policy stance will remain largely neutral.
The October consumer price index reading is the highest in nine months, but it has been below 2 percent since February.
Photo