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China's factory deflation eases in August
Consumer prices inch up 1.3%; producer-price index improves for an eighth straight month
CHEAPER FOOD: The National Bureau of Statistics says the slower increase in consumer prices in August was mainly due to food prices, which rose 1.3 per cent, the least since January 2015.
PHOTO: AFP
Beijing
CHINA'S factory-gate deflation eased to the least in four years while consumer prices remain muted, giving policymakers fresh evidence that the price outlook is stabilising along with demand.
Producer-price index (PPI) improved for an eighth straight month, falling 0.8 per
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