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September inflation hits 4-year low

Updated: Oct 15,2014 10:48 AM     Xinhua

BEIJING - Growth in China’s consumer inflation slowed than market expectation to 1.6 percent in September, the lowest since January 2010, data showed on Oct 15.

This is compared with an increase of 2 percent registered in August, the National Bureau of Statistics said in a statement on its website.

On a monthly basis, the consumer price index (CPI) rose 0.5 percent last month, faster than August’s 0.2-percent increase.

The CPI grew 2.1 percent year-on-year in the first nine month, well below the 3.5-percent full-year control target set by the government.

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