China's inflation eases to 6.1% in Sept | world | Hindustan Times
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China's inflation eases to 6.1% in Sept

China's consumer price index (CPI), a main gauge of inflation, eased slightly to 6.1% year-on-year in September from 6.2% in August, the National Bureau of Statistics (NBS) said on Friday.

world Updated: Oct 14, 2011 15:57 IST

China's consumer price index (CPI), a main gauge of inflation, eased slightly to 6.1% year-on-year in September from 6.2% in August, the National Bureau of Statistics (NBS) said on Friday.


On a monthly basis, consumer prices rose 0.5% in September, said the NBS in a statement at its website.

In the first nine months of this year, China's CPI climbed 5.7% from the same period last year, up from 5.4% year-on-year in the first half, reported Xinhua.

Food prices, which account for nearly one-third of the basket of goods in the nation's CPI calculation, was up 13.4% in September from a year earlier and 1.1 percent month-on-month, according to the NBS.

China's CPI hit a 37-month high of 6.5% in July this year, which was far above the Chinese government's full-year target of 4 percent for 2011.

China's Producer Price Index (PPI), a major measure of inflation at the wholesale level, rose 6.5 percent in September year-on-year, down from 7.3% in August.