China's Annual Inflation Rises To 0.6% In August

Mohammad Ali (@ChaudhryMAli88) Published September 09, 2024 | 12:30 PM

China's annual inflation rises to 0.6% in August

ANKARA, (UrduPoint / Pakistan Point News - 9th Sep, 2024) China's annual consumer inflation rate rose to a 6-month high of 0.6% in August, up from 0.5%, the National Bureau of Statistics said Monday.

August figure came in below the 0.7% market forecast.

Food prices last month grew for the first time in more than a year by 2.8%, at the fastest pace in 19 months.

Core inflation, stripping out volatile food and energy prices, meanwhile, dropped to 0.3%, the lowest reading since March 2021.

On a month-on-month basis, the consumer prices index increased 0.4%, lower than the 0.5% estimated.

Facebook Twitter Reddit Pinterest Whatsapp

Prize Bonds

PSX 100 Index

Currency Rates

Gold Prices

Petrol Prices

Crypto

Recent Stories

Reportage Empire Properties unveils plans for $300 ..

Reportage Empire Properties unveils plans for $300m investment in Pakistani Real ..

Duo wins Physics Nobel for 'foundational' AI break ..

Duo wins Physics Nobel for 'foundational' AI breakthroughs

NDF represents Pakistan at IUCN Leaders Forum 2024 ..

NDF represents Pakistan at IUCN Leaders Forum 2024 in Geneva

Five Russian climbers die on Nepal's Dhaulagiri pe ..

Five Russian climbers die on Nepal's Dhaulagiri peak: official

13-year-old in Belgrade school killings testifies ..

13-year-old in Belgrade school killings testifies at parents' trial

Stay and 'you are going to die': Florida braces fo ..

Stay and 'you are going to die': Florida braces for next hurricane

Kenya's deputy president faces impeachment vote

Kenya's deputy president faces impeachment vote

Consul General of Germany calls on Balochistan Gov ..

Consul General of Germany calls on Balochistan Governor

PTI playing tactics to halt development works: Tal ..

PTI playing tactics to halt development works: Talal

New French PM faces first no-confidence motion

New French PM faces first no-confidence motion

PTI trying to derail economic progress of Pakistan ..

PTI trying to derail economic progress of Pakistan: Bilawal

Biden postpones Germany, Angola trip as hurricane ..

Biden postpones Germany, Angola trip as hurricane targets Florida