BEIJING, Oct. 16-- China's inflation remained stable in September as consumer prices were stable and factory gate prices saw comfortably strong increases. The consumer price index (CPI) retreated mildly, weighed down by dropping food prices, while growth in the producer price index (PPI) hit a six-month high on demand for commodities. The CPI grew 1.6 percent year on year last month, slowing from August's 1.8 percent, but still faster than July's 1.4 percent, the National Bureau of Statistics (NBS) said Monday. It was the eighth straight month for the main gauge to stay beneath the 2-percent mark. On a monthly basis, the index was up 0.5 percent, slightly higher than 0.4 percent seen in the previous month. |