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China’s consumer inflation eased to weakest in 19 months in September, factory-gate price fell at faster pace


China’s consumer inflation eased to its weakest level in 19 months in September, as food prices grew much slower, while factory-gate prices fell at a faster pace, pointing to continued weakness in industrial demand despite the recovery from the novel coronavirus pandemic.

The consumer price index (CPI) rose 1.7 per cent last month from a year earlier, easing from a 2.4 per cent gain in August, the National Bureau of Statistics (NBS) said . . .

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