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Financial News: China Inflation Climbs To 2.3% In August

China Inflation Climbs To 2.3% In August

09/09/2018 - 21:43:00 (RTTNews)

(RTTNews) - Consumer prices in China were up 2.3 percent on year in August, the National Bureau of Statistics said on Monday.

That exceeded expectations for 2.1 percent, which would have been unchanged from the July reading.

The bureau also said that producer prices jumped an annual 4.1 percent. That also topped forecasts for 4.0 percent and was down from 4.6 percent in the previous month.

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