China's CPI eases to 6.2% in August

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China's Consumer Price Index, the main gauge of inflation, eased to 6.2 percent in August, close to the market forecast of 6 percent. This may suggest a turning point in the third quarter of the year.

The Producer Price Index, a measure of price for goods leaving the factory, stood at 7.3 percent in the month, lower than July's 7.5 percent.

Consumers select rice at a supermarket in Qionghai City, south China's Hainan Province, Sept. 9, 2011. China's Consumer Price Index (CPI), a main gauge of inflation, eased to 6.2 percent in August, the National Bureau of Statistics (NBS) said on Friday. Food costs rose by 13.4 percent in August from a year ago. (Xinhua/Meng Zhongde)

A merchant carries pork at a market in Nanjing, capital
of east China's Jiangsu Province, Sept. 9, 2011. China's
Consumer Price Index (CPI), a main gauge of inflation,
eased to 6.2 percent in August, the National Bureau of
Statistics (NBS) said on Friday. Food costs rose by
13.4 percent in August from a year ago, and the price
of pork, a staple food in China, increased by 45.5
percent in August. (Xinhua/Wang Xin)

Editor:Zhang Dan |Source: CNTV.CN



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