You are here

Food prices push China's September inflation to 7-month high

Policy response unlikely as analysts cite typhoon and holiday for the rise

Beijing INFLATION rose to a seven-month high in September mainly driven by a busy holiday season and bad weather but should not lead to tightening as China's economy is just beginning to rebound and still has room to grow. CPI rose 3.1 per cent last month against 2.6 per cent in August, the