China Sept PPI -2.1% y/y, CPI up 1.7%

Credit: REUTERS/CHINA STRINGER NETWORK

China's factory gate prices fell in annual terms for the eighth straight month in September, official data showed on Thursday, while consumer inflation eased further.

BEIJING, Oct 15 (Reuters) - China's factory gate prices fell in annual terms for the eighth straight month in September, official data showed on Thursday, while consumer inflation eased further.

The producer price index fell 2.1% from a year earlier, according to a statement from the National Bureau of Statistics. This compared with a 2.0% drop in August and a forecast 1.8% decline in a Reuters poll of analysts.

The statistics bureau also said the consumer price index rose 1.7% from a year earlier in September, compared with a 1.8% increase tipped by the Reuters poll and a 2.4% rise in August.

(Reporting by Stella Qiu and Ryan Woo; Editing by Tom Hogue)

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