China´s CPI up 6.2% in Aug

BEIJING - China´s Consumer Price Index (CPI), a main gauge of inflation, eased to 6.2 percent in August, the National Bureau of Statistics (NBS) said on Sept 9.

The figure was in line with market forecasts of 6.2 percent, and compares with 6.5 percent in July.

The consumer price index rose 0.3 percent in August from the previous month, after a 0.5 percent rise in July. The figure is not seasonally adjusted.

Giving a more detailed breakdown of the index, the bureau said food prices rose 13.4 percent in the year to August, with non-food prices up 3.0 percent.

In month-on-month terms, food prices rose 0.6 percent, while non-food prices were up 0.2 percent.

PPI rises 7.3% year-on-year

The country´s Producer Price Index (PPI), a major measure of inflation at wholesale level, rose 7.3 percent year-on-year in August, according to NBS.