China's CPI rise in 2014 to be at moderate rate: expert  

9月CPI創56個月來新低 專家:年內漲幅會比較溫和

今日，國家統計局公布了9月份的CPI，PPI 數據。9月CPI同比上漲1.6%，為56個月來的新低。專家分析，CPI創新低主要是食品價格和翹尾因素都相比走低所致，年內CPI漲幅都會比較溫和，全年在2.3%左右。[查看全文]

(ECNS) -- China's consumer price index (CPI), a main gauge of inflation, grew 1.6 percent year on year in September, the National Bureau of Statistics (NBS) revealed on Wednesday.

The number indicated a 56-month low since January 2010.

Wang Jianhui, head of Capital Securities Research Institute, predicts the CPI to float low in October and moderately rise in November and December to surpass 2 percent. The CPI for 2014 would likely to be between 2.2 and 2.3 percent, he added.

Easing of inflation was due to lower commodity prices and cooling food inflation associated with items such as grain and pork, according to Wang.

Analysts say the inflation slip points to a further slowdown of China's economy, but gives policymakers wiggle room for more stimulus.

The September producer price index (PPI), which measures inflation at wholesale level, dropped 1.8 percent year on year.