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China's CPI up 0.8 pct in August

China

China

China

China's CPI up 0.8 pct in August

2026-09-09 10:53 Last Updated At:12:37

China's consumer price index (CPI), a main gauge of inflation, rose 0.8 percent year on year in August, official data showed Wednesday.

Data released by the National Bureau of Statistics showed that in August, affected by changes in international market prices and other factors, CPI in August increased 0.4 percent month on month, reversing a 0.1 percent decline in July.

Core CPI, which removes volatile food and energy prices, advanced 1.0 percent on an annual basis.

The producer price index (PPI) jumped 3.8 percent year on year, while posting a 0.4 percent month-on-month gain that turned around from a 0.7 percent drop in July.

The bureau attributed the PPI rebound to the upward trend in global commodity prices.

China's CPI up 0.8 pct in August

China's CPI up 0.8 pct in August

International gold and silver prices closed mixed on Tuesday.

On the New York Mercantile Exchange, gold futures for December delivery dropped 0.84 percent to settle at 4,439.00 U.S. dollars per ounce, while silver futures for December delivery rose 0.38 percent to close at 67.000 dollars per ounce.

Gold, silver futures close mixed Tuesday

Gold, silver futures close mixed Tuesday

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