Reuters logo
China consumer, producer inflation to remain at reasonable levels: state planner
September 15, 2017 / 2:26 AM / 7 days ago

China consumer, producer inflation to remain at reasonable levels: state planner

People buy vegetables at a fresh food market in Beijing, China June 9, 2017. REUTERS/Thomas Peter

BEIJING (Reuters) - A pick-up in China’s inflation during August was due mainly to short-term pressures and the headline consumer price index and producer price index levels will remain within a reasonable range, the country’s state planner said on Friday.

China’s producer price inflation accelerated to a four-month high in August while consumer inflation reached a seven-month high, both at a faster-than-expected pace. But analysts have said that price gains still remain modest and there is little pressure on the central bank to tighten policy further.

Reporting by Yawen Chen and Kevin Yao; Beijing monitoring desk; Editing by Jacqueline Wong

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below