China's Consumer Price Index up 0.3 pct in October

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China's Consumer Price Index up 0.3 pct in October

[09/11/2024 04:02]

BEIJING - SABA
China's consumer prices rose in October as domestic demand continued to improve amid a sustained economic recovery.

The National Bureau of Statistics said in a statement on Saturday, published by the Chinese News Agency (Xinhua), that the consumer price index, a key gauge of inflation, rose 0.3 percent year-on-year in October, down slightly from the 0.4 percent rise in September.

The core CPI, which excludes food and energy prices, rose 0.2 percent year-on-year in October, compared with 0.1 percent in September.