China CPI rises to 0.8% in August; PPI beats forecasts
China’s consumer prices rose 0.8% year on year in August, driven by higher technology and energy prices, official data showed Wednesday. Producer prices also exceeded economists’ forecasts.
China's consumer price inflation increased in August, driven by higher technology and energy prices, while producer price inflation came in above economists' forecasts, official data showed Wednesday. 5 percent in the previous month.