China's CPI falls to 1.9% in September

15 October 2012 04:21  [Source: ICIS news]

SINGAPORE (ICIS)--China’s consumer price index (CPI) dropped to 1.9% in September, down from 2.0% in August, data from the country's National Bureau of Statistics (NBS) showed on Monday.

The country’ monthly producer price index (PPI) – a gauge of wholesale prices – fell by 3.6% year on year in September, according to the data.

The average CPI and PPI from January to September was 2.8% and minus 1.5% respectively, the data showed.

Producer prices for raw chemicals dropped by 6.5% in September year on year, based on the data.

By: Viola Pan
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