China CPI up 0.6% year-on-year in August - Chinese report

On the 9th, the National Bureau of Statistics of China announced the Consumer Price Index (CPI) for August. According to the announcement, the national CPI rose 0.6% year-on-year in August. Of this, the CPI in urban areas rose 0.
Industrial prices rose by 2.8%, non-food prices by 0.2%, consumer goods prices by 0.7%, and services prices by 0.5%.
Looking at the average for January to August, the national CPI rose 0.2% year-on-year. Among food prices, the price of fresh vegetables increased 21.8% year-on-year, fruit prices increased 4.1%, pork prices increased 1.2%, and soybean prices increased 1.2%.
Meat prices increased by 16.1%. Meanwhile, the national CPI for August increased by 0.4% compared to the previous month (July). Of these, the increase was 0.3% in urban areas and 0.4% in rural areas. Food prices increased by 3.
Prices of fresh vegetables increased 18.1% from the previous month, fruit prices increased 3.4%, non-food prices decreased 0.3%, consumer goods prices increased 0.7%, and service prices decreased 0.1%.
.8%, and pork prices increased 7.3%.