China's factory-gate inflation accelerates in September
FXI•China's producer price index rose 5% year over year in September, up from 3.8% in August and above the 4.5% forecast. Consumer inflation edged up to 0.9% year over year, below the 1% forecast.
1. September inflation data
China's producer price index rose 5% from a year earlier in September, accelerating from 3.8% in August and beating the 4.5% forecast. The consumer price index gained 0.9% year over year, up from 0.8% in August but below economists' 1% forecast; month on month, it rose 0.2%, compared with a 0.3% forecast and a 0.4% increase in August.
